keeping a lid on it, page-19

Petunia,

Yes NSE is the neighbour.
I also think REY is in an amazing position but i believe a major needs to be farmed in to get things going. POsition is great, not yet sure the management are awake at the wheel.


NWE is not really a neighbour in the perth basin, despite being in the same state.


Modula,

Yes that's what I mean though. I think from here BRU can still get to 2 billion in 12 months if it can further define the area and that will have made it a 6 bagger from the beginning of this year.

It has the potential to get to 10 billion plus, but that is the long haul over many years, perhaps 5-10 years. Those time frames are too long for me. INstitutional money can take it from there or a major can take it over.


Like I said, I am not in BRU and I think the only way I will get in from here is lucky timing betwee exiting another investment and BRU somehow taking a beating on the SP.

For now I'm set elsewhere but my NSE's fortunes are closely tied to BRU, so I follow.


Sorry about the cross promotion.