BRU 6.25% 8.5¢ buru energy limited

Ann: Operations Update , page-32

  1. abm
    34 Posts.
    And it's an awesome report!

    "It has been another busy and successful quarter for the company. We have drilled another two successful wells to add to the very impressive total over the last two years. The ungani Field is performing flawlessly and awe are on track to start up full oil production next year."

    Technicals are not so useful in this situation given the overall thrashing the market as a whole is getting - not least the mining, resources, and energy sectors - and a lot of behaviour is reactionary ... but the fundamentals on this are perfect.

    Buffett would be proud! :)

 
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