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.
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8.8¢ |
Change
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Mkt cap ! $59.07M |
Open | High | Low | Value | Volume |
8.6¢ | 8.8¢ | 8.6¢ | $13.34K | 154.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 51006 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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8.8¢ | 1548064 | 3 |
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No. | Vol. | Price($) |
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2 | 51006 | 0.087 |
2 | 200189 | 0.086 |
3 | 118421 | 0.085 |
2 | 14842 | 0.084 |
3 | 67807 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 1548064 | 3 |
0.089 | 310000 | 2 |
0.090 | 715966 | 2 |
0.091 | 50000 | 1 |
0.092 | 99847 | 1 |
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