We are getting way off topic here. BRU needs to put out further clarification on when we might see some testing on Raffa . ORG’s approval processes do not take this long . Speaking of ORG , it seems that they are very busy with their Beetaloo Basin project , having just made an announcement regarding their progress with local indigenous groups , and plans for drilling and fracking. From the photos they are clearly doing a lot of work there.
This next bit is not an “I told you so “ moment , but I do remember discussing with CEO the merits of a decent cap raise and drilling the best targets ourselves rather than farming out . That was my preferred way forward . CEO also had good reasons for farming out and sharing the risk , but we never considered that the farminee (ORG) would be a risk . It turns out that they are . As you will know I am no longer a shareholder but I plan to get back in at some point because I believe there is plenty more wet gas and maybe oil in BRU’s permits. Somebody needs to ask Eric what is happening and how long can ORG hold things up . Furthermore does he consider that ORG may have a conflict of interest between Beetaloo and Canning Basins . Finally, can BRU go sole risk and test Raffa and do further appraisal drilling ?
In the meantime we continue to flatline .
- Forums
- ASX - By Stock
- BRU
- The elephant in the room.
The elephant in the room., page-87
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRU (ASX) to my watchlist
|
|||||
Last
7.9¢ |
Change
-0.001(1.25%) |
Mkt cap ! $53.03M |
Open | High | Low | Value | Volume |
8.1¢ | 8.1¢ | 7.9¢ | $24.96K | 309.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 158980 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 49000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 158980 | 0.079 |
4 | 44102 | 0.078 |
1 | 6700 | 0.076 |
1 | 8000 | 0.075 |
1 | 4000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 49000 | 1 |
0.089 | 6236 | 1 |
0.090 | 465966 | 1 |
0.094 | 109969 | 3 |
0.100 | 530603 | 4 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
BRU (ASX) Chart |