BRU 3.66% 7.9¢ buru energy limited

Bru's confidence in finding oil has been well & truly shaken.And...

  1. 2,091 Posts.
    lightbulb Created with Sketch. 155
    Bru's confidence in finding oil has been well & truly shaken.And they have limited & diminishing funds.Another season chasing oil & failing would be obviously bad.
    The sensible move is to drill for congas near Yulleroo/Valhalla.They both have thin conventional sands & ES has said that they're looking for thicker sands.Let's not forget that that area is gas saturated & finding the thicker area of sands should translate to a congas find.Any success would be good.
    I've given up on the oil-it would've been great but its not where they thought it was and they haven't a clue where to find it.
 
watchlist Created with Sketch. Add BRU (ASX) to my watchlist
(20min delay)
Last
7.9¢
Change
-0.003(3.66%)
Mkt cap ! $53.03M
Open High Low Value Volume
8.3¢ 8.3¢ 7.9¢ $1.195K 14.52K

Buyers (Bids)

No. Vol. Price($)
1 99749 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 49000 1
View Market Depth
Last trade - 15.59pm 12/07/2024 (20 minute delay) ?
BRU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.