BRU 1.03% 9.6¢ buru energy limited

Ann: Quarterly Activities and Cash Flow Report - Dec 2023, page-6

  1. 3,334 Posts.
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    Felt at least there was a little bit more detail on the timelines language - like Kimerley Exp Season 2H 2024, JV outcomes in 2Q 2024 along with Feb receive seismic and there fore interp by 2Q2024

    Again for me though these are very "tight" timelines - the one going from recieveing and interp of seismic to JV partner to drill

    Assuming you do not want to be in Kimberly region November onwards cyclone season then given track record to date this is a very quick transition - i can only hope the DD by the third parties really only needs confirmation of the seismic which might determine how much to pay if there are other good targets too boot. No hint here of some major increase in Rafael.

    And then there is that bogey man of the RIG availability

    still very wary of timeline
 
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