In Da Hood has been twisting my arm re BRU, so I just thought I’d pop the question how BRU intend to commercialise their gas. No one has convinced me. The IVZ play in Zimbabwe has many of the same issues but I am expecting a significant corporate move there soon after this trading halt is cleared and I won’t back a wildcat unless free carried which would free up 160k which I was thinking of punting into BRU despite their very long history of failing to deliver. I see a short term spike in SP once the independent report is out followed by a long frustrating decline as euphoria fades and the reality of being another STX sets in. World geopolitics has set up a potential opportunity for WA gas but is billions of dollars and a decade away from production. A lot can happen in 10 yrs. I won’t be investing in BRU gas and I will be advising In Da Hood to only play it for the short term, if at all.
If I were him I would sell my KAR shares at peak, now, and punt it on our Cuban gig. It has 300% upside remaining over a relatively short time frame of 6 months or so.
- Forums
- ASX - By Stock
- BRU
- Ann: Rafael Flow Test Update
Ann: Rafael Flow Test Update, page-158
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRU (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.10M |
Open | High | Low | Value | Volume |
6.6¢ | 6.8¢ | 6.5¢ | $129.1K | 1.954M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19819 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 141557 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19819 | 0.066 |
4 | 191451 | 0.065 |
2 | 410000 | 0.064 |
3 | 40873 | 0.063 |
6 | 227274 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 141557 | 1 |
0.072 | 242000 | 3 |
0.073 | 30000 | 1 |
0.074 | 592080 | 3 |
0.078 | 45000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
BRU (ASX) Chart |