Past year: ▲ 79900%(0.35c – 4.00 AUD)
Each one in plain English, with the numbers worked through for a shareholder.
31 July 2026quarterly activities report▼ BadMajor
June 2026 quarter: ATP 854 PCAs 180-183 (398 PJ) were granted, and Blue is seeking farm-in partners. Sapphire pilot testing was curtailed to preserve capital (gas flowing but not commercial rates), after Moranbah Gas Project's owner entered administration. Cash $3.62m (unaudited), no debt.
19 June 2026regulatory community update▲ GoodMajor
Queensland granted the four long-pending ATP 854 PCAs (180-183), covering 398 PJ of contingent gas near Roma and the Wallumbilla hub. This resolves the draft instruments reported in April and gives Blue a path to appraisal there.
12 Mar 2026half year report● Neutral
Half-year report to 31 December 2025. Visible text restates reserves (91 PJ 2P, 293 PJ 3P in ATP 814), the non-binding AGL and Origin 300 PJ agreements and the PCA 336/337 awards. No financial figures are visible. No commercial gas production to date.
18 Nov 2025investor presentation● Neutral
Managing Director's 2025 AGM presentation. Visible text is only disclaimers and the reserves disclosure; no new information can be seen.
24 Oct 2025capital raising announcement▲ GoodMajor
The share purchase plan was heavily oversubscribed, and the board upsized it to about $2.6m (521 million shares at $0.005) versus the $250,000 target. With the $3.2m placement, total raised is $5.8m, for the Sapphire pilot well and appraisal of PCAs 336, 337, 201 and 213.
What it means for a shareholder
521m new shares at A$0.005 to raise about A$2.6m. That's 17% dilution: every existing holder's slice gets 17% smaller. If you held A$1,000 of shares (200,000 at the issue price), your slice goes from 0.00803% to 0.00664% of the company. To keep it you'd need 41,831 more shares - about A$209 at the issue price.
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29 Sept 2025capital raising announcement● Neutral
Share purchase plan booklet lodged: eligible shareholders can buy up to $30,000 of shares at $0.005, open 29 September to 20 October 2025. Follows the August placement; results due 24 October. Terms were already announced.
29 Sept 2025capital raising announcement● Neutral
Cover letter inviting eligible shareholders to join the share purchase plan at $0.005, a 44.4% discount to the pre-placement close. Targets up to $250,000, with scale-back rights. Repeats terms already known.
24 Sept 2025annual report● Neutral
Appendix 4G and corporate governance statement lodged with the FY25 annual report, confirming the governance statement is current to 23 September 2025 and board-approved. Administrative filing with no operational or financial news.
24 Sept 2025annual report● Neutral
Financial report for the year to 30 June 2025. Visible text covers only the directors' report: the same four directors, and a basic loss per share of 0.08 cents versus 0.74 cents the year before. Other financial figures are truncated.
19 Sept 2025listing compliance notice● Neutral
ASX granted a Listing Rule 7.1 waiver so Blue can run its share purchase plan at $0.005, the same price as the placement, without shareholder approval. The SPP issue is capped at 30% of existing shares.
19 Sept 2025capital raising announcement● Neutral
Timetable for the share purchase plan: eligible shareholders can apply for up to $30,000 at $0.005. The offer opens 29 September and closes 20 October 2025, with shares issued 24 October.
9 Sept 2025regulatory community update▲ GoodMajor
Production Licence PL 1034 over Sapphire was granted for 20 years, allowing up to 117 wells to develop 91 PJ 2P and 287 PJ 3P. This resolves the long-awaited lease grant after the Land Court decision. Gas is earmarked for Moranbah processing.
29 Aug 2025capital raising announcement● NeutralMajor
Blue raised $3.2m through a two-tranche placement of 640 million shares at $0.005, a 44.4% discount to the last close. Chairman Ellice-Flint committed $200,000, subject to approval. An SPP of up to $250,000 is planned. Funds go to Sapphire pilot well preparations and pipeline work.
What it means for a shareholder
640m new shares at A$0.005 to raise about A$3.2m. That's 26% dilution: every existing holder's slice gets 26% smaller. If you held A$1,000 of shares (200,000 at the issue price), your slice goes from 0.0108% to 0.00803% of the company. To keep it you'd need 69,153 more shares - about A$346 at the issue price.
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14 Aug 2025production update▲ Good
Sapphire 6 pilot returned to production after surface equipment repair and replacement. Dewatering has restarted to lower water levels on the coal seams. This follows the shut-in reported in the June quarter.
24 July 2025regulatory community update▲ GoodMajor
Queensland awarded PCA 336 (Lancewood, 573 PJ 3C) and PCA 337 (Central, 469 PJ 3C) in ATP 814 for 12-year terms, and renewed ATP 814. This resolves two of the pending PCA applications and the permit renewal.
4 Apr 2025regulatory community update▲ GoodMajor
The Land Court granted an amended Environmental Authority for Sapphire PL 1034 on 3 April 2025, ending the appeal running since July 2023. This resolves the open appeal and clears the way for the Petroleum Lease grant, with added water, flora and fauna conditions.
13 Mar 2025half year report● Neutral
Interim report to 31 December 2024. Visible text restates 91 PJ 2P, 293 PJ 3P and 3,619 PJ contingent resources and the non-binding gas agreements; financial figures are truncated and not visible.
12 Nov 2024investor presentation● Neutral
Managing Director's 2024 AGM presentation, 12 November 2024. Visible text is only disclaimers and competent person statements; no new figures are visible.
25 Sept 2024production update▲ Good
Sapphire pilot gas rate rose to 150 mscfd, up from 129 in July, as the lowest coal seams are now being depressured and releasing gas. Still below the 200 mscfd Moranbah well average.
19 Sept 2024annual report● Neutral
Financial report for the year to 30 June 2024. Visible text covers only the directors' report, confirming Ellice-Flint as Non-Executive Chairman and Phillips as Managing Director; financial figures are truncated and not visible.
19 Sept 2024annual report● Neutral
Appendix 4G and corporate governance statement accompanying the annual report, dated 17 September 2024. Administrative compliance form with no new substance visible.
16 Aug 2024admin correction● Neutral
Blue clarifies that the Land Court appeal against the ATP 814 Environmental Authority was lodged by Environmental Advocacy in Central Queensland, represented by the EDO, not by the EDO itself. Appeal status unchanged.
24 July 2024drilling result▼ BadMajor
An independent review found a drilling fluid additive (viscosifier) appears to have damaged the coal at Sapphire, impeding gas flow. Gas is 129 mscfd, below pre-drill expectation and the 200 mscfd Moranbah well average. A low-cost twin re-drill is being considered.
19 June 2024investor presentation● Neutral
MD presentation to the MST Financial Oil & Gas Forum, 19 June 2024. Visible text is only disclaimers and competent person statements; no new figures are visible.
14 Mar 2024half year report● Neutral
Interim report for the half-year to 31 December 2023. Visible text restates the October 2023 Sapphire upgrade (2P 91 PJ, 3P 287 PJ) and the non-binding gas agreements; financial figures are truncated and not visible.
13 Feb 2024material agreement▲ GoodMajor
Blue signed a non-binding Heads of Agreement with AGL for up to 300 PJ over 10 years at Wallumbilla, 20-30 PJ a year, indicative start 2028. Adds to the EnergyAustralia and Origin HOAs, but still no binding gas sales agreement.
11 Jan 2024capital raising announcement▲ GoodMajor
Blue received a $7.05m R&D tax rebate for FY23 and repaid the $1.951m R&Dium loan from it. Unaudited cash is $6.64m including the rebate. This is non-dilutive funding and leaves Blue debt free.
11 Dec 2023price query● Neutral
ASX queried a rise in Blue's share price from 2.0 cents to 3.1 cents and a volume spike. Blue answered that it knows of no unannounced information or other explanation and is complying with its disclosure obligations.
16 Nov 2023debt financing● NeutralMajor
Blue lodged an R&D rebate claim of up to $7.0m and agreed a bridging facility of up to $1.9m with R&Dium Capital, secured on the rebate. Interest is 1.33% a month rising to 1.58% in 2024, repayable 29 February 2024, with no equity features.
14 Nov 2023director officer appointment● NeutralMajor
Executive Chairman John Ellice-Flint will become Non-Executive Chairman from 1 December 2023 on a $110,000 a year director's fee, and does not intend to stand for re-election at the 2024 AGM. Framed by the company as board succession planning.
