Meditation on Buru, page-20

Crude oil trailers and 2000 kim round trip to WBH stand in the way of going above 3000 bopd .
Bring on Broome , the sooner the better .
What is the point in finding more oil if we cannot quickly monetise the find ?
The present shipping solution is like a traffic policeman holding up a sign that says 3000 bopd STOP .
We should have 3000 + bopd in a couple of months .

If we find another oil field next drilling season it cannot be brought into production until Broome is built .
Buru has the capacity to do the deal now , it does not need to wait for increased reserves .
If a Bank won't do it , there are other ways to finance the deal .

It's not as sexy as drilling oil wells but it is the key to Buru being able bootstrap it's future exploration and build the balance sheet it needs to fund the the long life gas resources without dilutionary capital raisings.

All IMHO .