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.
30 Apr 2026quarterly activities report● Neutral
March 2026 quarter: draft instruments received for the four ATP 854 PCAs (398 PJ). NT permits suspended and extended to 15 February 2027. Sapphire pilot continues flowing gas. Cash $4.2m, no debt.
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.
30 Jan 2026quarterly activities report● Neutral
December 2025 quarter: Sapphire environmental studies continue and a new well is being planned. Cash is $4.97m with no debt. Still awaiting Queensland decisions on the ATP 854 PCAs. Reserves unchanged at 91 PJ 2P.
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.
18 Nov 2025agm notice● Neutral
All resolutions at the 18 November 2025 AGM passed on a poll. Shares on issue were 3,011,973,596 at the record date, up from about 1.85 billion after the placement and SPP shares.
31 Oct 2025quarterly activities report▲ Good
September 2025 quarter: PL 1034 over Sapphire granted, and the placement and SPP raised $3.2m and $2.6m. Shareholders approved Tranche 2 at the 14 October meeting. Environmental studies required under the court-issued authority are under way.
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.
22 Sept 2025agm notice● Neutral
Blue will hold its 2025 AGM at 11:00 am on 18 November 2025. Director nominations close 29 September 2025.
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.
12 Sept 2025agm notice● Neutral
Notice of a General Meeting on 14 October 2025 in Brisbane, with proxies due 12 October. Likely the meeting for the Tranche 2 placement approval (inference). Administrative cover letter.
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.
Create a free account to see this worked out for your own holding.
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.
31 July 2025quarterly activities report▼ Bad
June 2025 quarter: PCAs 336 and 337 were awarded (1,042 PJ combined contingent). Sapphire gas production was suspended after pump failures on both vertical water wells; restart is expected next quarter. PL 1034 grant is still awaited.
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.
30 Apr 2025quarterly activities report● Neutral
March 2025 quarter: Land Court case resolved, and Sapphire pilot testing again hit equipment interruptions. A $605,000 R&D rebate was received. NT Government accepted the seismic work and granted suspension and extension of the NT permit terms.
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.
31 Jan 2025quarterly activities report● Neutral
December 2024 quarter: Sapphire 5 and 6 pilot testing was interrupted by generator maintenance faults but is running again. Land Court issues are largely resolved, with Blue hopeful of an outcome soon. NT seismic suggests correlation with the McArthur Basin's Glyde Package.
12 Nov 2024agm notice● Neutral
All resolutions at the 12 November 2024 AGM passed on a poll, with 1,850,973,596 shares on issue. Administrative result; the poll schedule figures are 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.
31 Oct 2024quarterly activities report● Neutral
September 2024 quarter: Sapphire pilot gas reached 0.150 TJ/day; the board deferred the twin lateral re-drill and will keep testing. Processed NT seismic indicates a large gas-prospective section in Blue's permits. Land Court appeal still at expert-evidence stage.
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.
