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Blue Energy Ord Shs T.BLU


Primary Symbol: BUENF

Energy Oil & Gas E&P
Blue Energy Limited is an Australia-based oil and gas exploration 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.


OTCPK:BUENF - Post by User

Blue Energy Ord Shs
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Post by rishshah2on Apr 05, 2012 5:54pm
244 Views
Post# 19765427

why dilutive...

why dilutive...

they shares are being bought for 5 c a share...

all preffereds and debt holders will be convereted to commons for 5 c a share...

all in all you are going to be getting another 50 - 75 million shares or even more with 10 % + other conversions...

the company will have only 8 million out of the 17 million in cash the rest will be invested somewhere god know whose pockets it will fill...

shareholders have lost million in this and i wont want to put a penny in this...all hope relies on the fact that kiacta is a success all else is pure bs...

u could probably trade it and make a few cents here and there but there is no volume so u could get stuck...my guess is only buy at 5 c or less....

 

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Dealroom for high-potential pre-IPO opportunities
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