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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 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.


OTCPK:BUENF - Post by User

Blue Energy Ord Shs > My Concern for BLU is...
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Comment by driller1aon Jun 23, 2022 8:06am
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Post# 34776365

RE:RE:My Concern for BLU is...

RE:RE:My Concern for BLU is...I guess I just don't trust the stock. I find it very strange that it is doing these slow, controlled $3 channel swings sideways. When practically every other stock in the market(s) has dropped greatly. BLU's unique resilience in this correction is not based on a superior balance sheet and increasing revenues/profits that's for sure. My gut just tells me it's going to do one of those unexpected gap down tanks pre-market one day. This said, it could easily hit the analyst's targets. I'm watching closely.
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