BRU 9.23% 7.1¢ buru energy limited

Ann: Buru regains full ownership of Ungani Oilfield, page-26

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  1. 27,441 Posts.
    lightbulb Created with Sketch. 4708
    500bbls/day*365*A$130/b=A$23.725m revenue pa (say operating costs are A$40/b then A$16.425m annual operating profit) all to ourselves before we even bother opening up the more elusive sections of the field we were keeping for ourselves and never mind we might find we can pump twice as hard when we don’t have to share. But don’t let that stop the dribble sellbots if nobody thinks a free $5m cash injection ruling out a CR, a green light to export gas to Japan and getting gifted back half an oil field in the space of a week or so then and next week’s lifting isn’t worth buying into. What TAF is wrong with people?
    Last edited by CEOChair: 22/08/23
 
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