No mention about defining how big Ungani oil field might be or even where they hope to export the oil.
No saying sorry we didn't continue the testing of the tight shale gas/condensate wells. That was consistent, another stupid short term operational decision.
Buru going nowhere at the moment, rudderless would be a generous view.
Such a shame.
You might also question the salaries being paid to the board and MD during such a period of low activity.
Having said that the potential is still huge but Buru have failed to show they have any means or ability to prove it.
BRU Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
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