BRU
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1.23% 8.0¢ buru energy limited

Ann: Corporate Presentation-BRU.AX, page-96

  1. WhiteNoise
    6,650 Posts.
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    16/09/16
    10:38
    Post #: 19199438
    The Ackamunga basin has zero movable oil.

    What you have is a layer of rock with high total organic content that has suffered almost zero heating and pressure. IE it an immature source rock.

    Come back in 20 million years and it might be generating oil
    BRU Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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