Hey 08. All are welcome in the cave. I mean... I have had a lot of time to dig it out.. plus.... I may offer it to Eric one day for a hefty fee (Geovault!).
Like most explorers, BRU is all about potential... except, it has already proven up Yulleroo and Valhalla, and now... a 1+ TCF discovery.
Sigh... BRU is what you invest in to learn patience, as all the old holders know.
Interesting to listen to Eric in the proactive video. Seems very keen on the posibility of supplying the local community (as he should). Perhaps Coogee is going to finally step up.
500bcf is the cuttoff for true commecialisation (export route), which... if Yulleroo was included, is basically already achieved, but... Yulleroo seems to be off the table (otherwise surely we would have already moved on it). So the 2+ wells on Rafa in 2023 seem to be the key for the export option.
However, as I am now feeling like a crusty 80 year old, I won't hold my breath until Rafa 1 is tested later this year.
Perhaps then I will allow myself my first stiff drink in years...
Will be very intersting to see what ORG decide to do with the funding for BRU/ORG J/V tenements. I gather it will def go ahead with Rafa related, but the rest....
Good to see BRUs cash position. I was expecting far worse.
I must say, BRU is definately changing, and.... I like it. Many more value add options being investigated, with big potential for all of them. Just need to see some more tangible achievements to really start value adding. Would not surprise me if they spin off some/all of the new ventures, and they get valued the same as BRU!
Good luck to all holders. So good to see so much discussion on the threads and I appreciate all the contributors.
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