Price Targets For 2025/26

Where to for Blue Energy in 2025/26 given a new gas environment in Queensland?

Facts:
Blue Energy has a massive gas resource and is active in realising its aims of production
... Has very experienced management with considerable skin in the game
... Has no debt and runs with very low overheads
A new Qld government has stated its objective is pro-gas development
The Resolution Of The Environment Authority Land Court Matter is achieved

.... A clue to a price question might also be found in the following MONTHLY chart... with MOMENTUM indicator. Study it for a moment in the context of a new gas environment in QLD (and probably Australia) and with the possibility of announcements/progress towards any meaningful real steps towards gas production from the Sapphire Field and other interests. One's head should be spinning given current levels! Mine is.

The targets mentioned below seen in the chart are "early" targets. Steps to production would very likely infer much higher prospective price targets. The most recent Broker Report - MST Access Dec '23, see below, had a price valuation of 17c.

As can be seen from the two sets of arrowed black broken (resistance) lines - historic 2014 to 2016 - and current in the process of playing out, the first two targets in the current pair of resistance lines are 3c and 6.5c .... (targets in the past which represent very achievable market cap. levels) ... circa $50 mil and $117 mil.
We are currently at circa $10 mil MC.

Anything is possible, as we know, but it is near impossible to believe this company has a share price this low!!!! DYOR.

Kip