It doesn’t matter, that’s how business works. A$2m a week coming in the door at 3000bopd at A$95/bl by the time we’re full steam. Let’s be clear, it’s 3000bopd not because they can’t produce more than that, they will be perfectly capable of getting close to 5000bopd later this year from current operations, just need more transport/infrastructure capacity. Then there’s what else they might turn on eg FW and if they happen to open up an entirely new trend from even one high impact drilling success.
BRU Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
