BUL 7.14% 5.2¢ blue energy limited

Hello 4's, page-7

  1. 7,819 Posts.
    lightbulb Created with Sketch. 610
    Hi tui,

    Now that's interesting ….

    Here's a link to an article - AFR 29th October 2018 with a couple of extracts below from it …
    It appears Senex were having a crack at Ironbark - maybe still are??? …

    But what IS interesting from Blue's point of view is the valuation for the reserves at Ironbark:
    …. $296 mil for 3P of 192 PJ

    … At "814" Blue has 2P of 78 PJ and 3P of ~ 300 PJ..! (not to mention 3C of 3000 PJ thrown in for good measure). No more need be said methinks.

    Cheers,

    Kip

    https://www.copyright link/street-talk/senex-energy-bankers-up-for-origin-energys-ironbark-20181028-h176pn

    upload_2018-12-14_0-12-44.png
    Last edited by Kipper01: 14/12/18
 
watchlist Created with Sketch. Add BUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.