BRU 1.28% 7.9¢ buru energy limited

Ann: Quarterly Activities and Cash Flow Report - September 2021, page-134

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    @occam

    Re: your post on the TA thread, I certainly agree when it comes to a potentially game changing company defining drilling result. In general, I quite strongly believe TA can suggest certain future scenarios based on what’s previously occurred that have some meaning in the sense fulfilling that setup may lead to one thing, whilst failing will lead to another. That’s how I tend to use it anyway, as opposed to simply saying “I predict the SP will go to whatever”

    So, I have a fundamentals question for you and the other funny mental investors…

    Sounds like you think Rafa success could add say 60c to current SP for Xmas. That would be based on indications from logging this week, followed by a successful production flow test commencing maybe a week later (as equipment is all to hand) and then an initial estimate of field size. Is that about right?
    So, can you then roughly describe the timeline to production and field development and suggest when in that process do you believe the SP will peak, hypothetically? (ie ignoring any other significant events or POO or other factors , just purely based on Rafa.) Just as a guide?

    No cheating by looking at my charts, that will give away all the answers to Life, The Universe and Everything, if only you knew how to read them, but don’t worry, I’ll do that for you for free in return.
    Last edited by CEOChair: 01/11/21
 
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