MST Access 39c risked - $1.62 unrisked, page-60

I doubt anyone with technical knowledge of this specific Rafael, frontier basin geology would be commenting on here.
I highly doubt Buru would include that awesome graphic consistently, regarding the potential for extensive expansion of volume, if there wasn't significant confidence of a resource upgrade based on new seismic. To suggest bluesky knowing there's a very slim chance would only damage Burus reputation further, which is why i'm extremely pumped regarding the upcoming analysis.

As a side note of valuation, here's an old presentation that reminds us all that Yulleroo contains an absolute behemoth of gas and condensate that probably dwarfs Rafael. We own that 100% and it will no doubt contribute a further decades of backfill years after full phase production.
This stock will be incredibly valuable in a decade.

https://www.buruenergy.com/site/pdf/9a02f93e-b27a-4613-a425-307e84083a8b/Updated-Corporate-Presentation.pdf