The presentation came out today as Morgan Stanley had a "shale day" and approx 10 mid/small caps presented - BRU was one of these.
Eric reiterated that they do not need to raise capital at the moment - they have sufficient cash until the end of the year. They were quite open about what/when and how they may capital raise late this/early next year - heaps of options.
It was a very strong preso and Kieran Wulffe is on top of the major issues
All good I reckon
BRU Price at posting:
$1.86 Sentiment: LT Buy Disclosure: Held
