BRU 1.10% 9.0¢ buru energy limited

re: Ann: Company Insight - Growth Program aft... As Bart Simpson...

  1. 5,170 Posts.
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    re: Ann: Company Insight - Growth Program aft... As Bart Simpson would say...."eat my shorts". The fact is that anybody that has shorted would be wise to buy them back as soon as possible.
    Right now we are between the proverbial potential reserves and revised proven reserves. The current data is being fed to McDaniel who will update the various reserve categories. The result from the Paradise well which encountered the same formations as in Valhalla, will ensure a big leap in recoverable reserves. Eric is clearly being conservative in his announcements and for good reason,........the numbers are too big to talk about without seeming to be irresponsible.
    Two years from now we will look back at these share prices and sigh a big sigh of relief that we held on to them.
 
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