BRU 1.18% 8.4¢ buru energy limited

$40 price target - wow!!, page-28

  1. 2,184 Posts.
    lightbulb Created with Sketch. 92
    True Harv. And it wasn't that long ago many thought Browse was not prospective and look at that booming now! Let's hope onshore Canning is next.

    Buru has found itself in a very fortunate position. It would need to come up with a Billion bbls net or so to get near the $40 mark, so that is no trivial amount. But there is little doubt that it is possible at this stage. Hard to say if it's probable, but the next 12 months will tell us plenty as we drill a couple more play types, and chase a few Ungani lookalikes.
 
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