Kip, We are in an environment where a few mid tier companys are...

Kip,
We are in an environment where a few mid tier companys are looking to expand . Gas is short and acquisition is seen by many as a means to expand into a market that is tightening. There are companys looking at BUL knowing that one day their reserves will be exploited.

There are a lot of variables. e.g does the Aussie special fund build a pipeline/s? Does the Aussie Govt put pressure on some of the big players to raise their production....by bringing fields adjacent to BUL into development/pr0duction.

Then you can look up to Gallilee and wonder what might happen. Check out GLL . BUL has nearby acreage. And so it goes on. BUL is wonderfully positioned to do nothing. It has certified reserves that are being sought.

The value of BUL's molecules is increasing. And APA can plan ahead without a Chinese influence.

When the sentiment changes I will buy more.

In the meantime I continue to be queried. No problem. Just time. Australia needs gas.