BUL 7.14% 5.2¢ blue energy limited

KOGAS sells out of Blue, page-23

  1. 306 Posts.
    lightbulb Created with Sketch. 37
    Pretty sure BUL is held captive by arrow.

    Can see this going no where for another 10 yrs. If GLL, COI and STX getup then bul will be a stranded much like the last decade.

    I'm sure the bul permabulls will disagree. Just my opinion. Especially if they continue no derisking work. They would do well to follow COI lead and prove up how good there ground really is and givr the majors a reason to open the basin up.

    Jemena and GLL opening the galilee basin with COI doing both sandstone and csg could force the bowen basin to be skipped
 
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