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CEOChair

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30/05/23

21:11

Post #: 68043688
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Originally posted by CanningSuperBasin ↑

I agree that they're all catalysts, but how many of them are really "significant" catalysts, which is what I typed addressing the fact that even after the Raf 3C report arrived the sp barely nudged.
The next wave of juniors that are hotter than Buru right now are cash-flow heavy and sitting on low decline rate reserves.
Some Canadian juniors fit this description for example.
We aren't there yet and i believe in the eyes of the analysts, there are no takeovers, massive revenue rolling in or any other significant near-term catalysts any time soon.
I think until we get to 11 on your list we'll drift like we have for years.
I'm happy to accumulate in these sub-10 times and hope i'm surprised by a positive development or announcement while i wait for the long-term reward.

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well, when it came out, I circled the ones I thought should be significant price moving catalysts - starting with establish strategic partnerships for 2H coming to a movie theatre near you soon. What we do need right now is some cash - perhaps that will give us some. We have to somehow get through until 14 cashes us up big time ie Rafa partner deal to fund 17 Appraisal Drilling. Anyone think you grab anything that moves under 10c now and you are down on your investment in 12m, or is that the very definition of a multi-bag no-brainer?

BRU Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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