Ann: Quarterly Activities and Cash Flow Report - March 2023, page-33

It's hard to believe Rafael-1 doesn't lead to the biggest, sweetest, wettest onshore collective gas discovery in Australia. Surely, a random formation like Raf doesn't exist without other traps based on nearology.
The basin is f huge and barely explored. Once an initial pipeline is commissioned for export, it'll open up subsequent discoveries (including Yulleroo) to feed into it. The 'stranded asset' becomes a world class asset.
You either park your money in BRU with monk-like patience, and/or you jump onboard as momentum and sp react to significant news flow.
At this stage of the discovery, it feels relatively safe with little downside continuing to hold.