It needs to be remembered that Shell/Petrochina are next door to and with tenements mixed with Blue Energy in the Bowen Basin, so it's a case of finding a happy solution to carry everyone's gas to Gladstone. Shell is the big fish in the sea here. Can Shell and APA work something out? Blue might have an eventual beautiful "free ride to freedom" if something gets sorted out.
..... A GSA therefore is not necessarily just about "what are BUL management doing?". Far from it ... We need to appreciate that.
Kip
BUL Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held