BUL 7.14% 5.2¢ blue energy limited

asx presentation release

  1. 783 Posts.
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    wow...reading this ASX presentation release just reafirms my rationale for buying into this company...a big buy whichever way you look at it:

    Strong Cash Position $32 million.
    Fully funded exploration program.
    Initial NSAI Resource Certification in ATP 814P Monslatt Block
    ~ 7,100PJs GIP
    Potential 1,970PJs GIP in Central and Sapphire Blocks.
    On track to meet reserve target.
    Strong Alliance partners.
    KOGAS and Stanwell
    Small scale LNG/CNG MOU with KOGAS - mitigates low domestic gas price risk.
    Large acreage position (100% BUL ownership)
    Active drilling program focused on ATP 814P.

    ASX or Comsec to view the rest. Compelling reading friends. Cheers Muzz
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