Blue Energy Ord Shs T.BLU

Primary Symbol: BUENF

Energy Oil & Gas E&P

Blue Energy Limited is an Australia-based energy company. The Company is engaged in the exploration, evaluation and development of conventional and unconventional oil and gas resources. Its geographical segment is Australia, which includes Queensland and the Northern Territory. The Company’s projects include Bowen Basin (ATP814P), Carpentaria Basin (ATP1112A), Galilee Basin (ATP813P), South Georgina Basin (ATP1114A, ATP1117A and ATP1123A), Surat Basin (ATP854P) and Greater McArthur Basin (EP199A, EP200, EP205A, EP206, EP207, EP208A, EP209A, EP210A and EP211A). ATP814P consists of six disconnected blocks in the North Bowen Basin in an area ranging from south of Moranbah up to Newlands in the Northern Bowen Basin. ATP1112A is located in the Carpentaria Basin of northwestern Queensland. It is located south of the Gulf of Carpentaria region and approximately 40 kilometers (km) west of Normanton. ATP813P covers a large area in the Galilee Basin in Central West Queensland.

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Blue Energy Ord Shs > My Concern for BLU is...

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Post by driller1aon Jun 10, 2022 8:45am

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Post# 34746482

My Concern for BLU is...

it's going to tank. It's been channeling sideways for longer than I imagined. It's held up remarkably well. But, stocks can't and don't channel sideways forever. Where are the updates from the company? Beyond...we are attending yet another health conference. I expected it to be at the $14-$18 analysts target levels by now. I will re-enter my money when I see it run on heavy volume. Sitting waiting for it to gap up on news isn't a sound trading/investing strategy.

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