BRU 5.49% 8.6¢ buru energy limited

Ann: Operations Update, page-30

  1. 2,164 Posts.
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    To my mind and I'm at bhp atm these companies take forever to make a decision.

    I wouldn't think anything of it too much it's probably stuck somewhere in the geology or projects department.

    The uplift from Ungani use the extra few million to drill and actually plumb a new well and it will pay off handsomely atm even if it is only a 1 mmbo untapped reservoir. If it starts at 1000 bopd for few months it's paid off.

    Learn the lesson on the horizontals they don't work in the Ungani Dolomites and just drill a conventional well and fracture it open a bit.
 
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