That's a nice plan
Issue is that those isolated towns already have gas electric power stations supplied expensively with LNG on multi year contracts.
So no ready available market there. Zero domestic gas or industry that might burn gas. Remember WPL offered free gas to all of Perth residents so long as the industry paid world rates a few years ago.
They need to prove up enough gas to justify the pipeline to port hedland which is already connected to NWS JV.
But they stopped the testing on the first two fracked wells before steady flow state?
Why ?
And Yulleroo is where in this conversation.
Meanwhile BURU has so much oil?
Ungani field has been completely define?
Not!!
So where is BURU going to make return and achieve its potential?
Ideally I would split the company in two IE
BURU Oil
And
BURU Tight Gas
With separate boards and ASX listings etc
Guess what then we might see 100% focus at achieving econmic production and actually defining what we have.
- Forums
- ASX - By Stock
- Ann: Corporate Presentation-BRU.AX
That's a nice plan Issue is that those isolated towns already...
-
-
- There are more pages in this discussion • 145 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRU (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.1¢ |
Change
0.002(2.53%) |
Mkt cap ! $54.37M |
Open | High | Low | Value | Volume |
8.0¢ | 8.1¢ | 8.0¢ | $48.5K | 600K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 196487 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 12400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 196487 | 0.079 |
1 | 40562 | 0.078 |
2 | 55897 | 0.077 |
1 | 8000 | 0.075 |
1 | 4000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 12400 | 1 |
0.081 | 26965 | 2 |
0.082 | 58294 | 3 |
0.083 | 28653 | 1 |
0.085 | 25442 | 1 |
Last trade - 10.38am 02/07/2024 (20 minute delay) ? |
Featured News
BRU (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online