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6.9¢ buru energy limited

Ann: Operations Update, page-34

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timmayd

752 Posts.

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23/12/15

23:46

Post #: 16679128
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Originally posted by cujo ↑

I think both FMJ and thisisit make valid points.
I think its prudent not to spend commitment money on projects that might not come to fruition if at all for years to come.
I do think though that Eric has battened down the hatches for what could be a prolonged bad POO environment(the runs are not very nice at the best of times).joke, get it?
Would be nice to get the Yawaru onside though rather than plough ahead with Yullaroo.
Its good to see involvement with them in the seismic.

Lean and mean CEO is good and a far cry from 2 years ago with the new beaut rig days.
Still have nightmares on the money spent then for no outcome.

Concentrating on what we have at the moment is a good thing for the future SP and will delay a CAP raising at least till after next years program.
Might even come to some arrangement with Alcoa as well about the money we owe them.

We need that gas farm in or some sort of upgraded funding deal with Mitsubishi.

I see POO being the major concern next year still.

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POO will be fascinating next year. Coalition bombings, oil companies collapsing, no exploration, rising/falling dollar, increase in demand for oil, sanctions, africa... list goes on

BRU Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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Last 6.9¢		Change -0.001(1.43%)		Mkt cap ! $53.42M

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7.0¢	7.0¢	6.6¢	$27.66K	402.1K

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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0.070	100000	1
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