4 quarters of cash left, will need $ for Rafael appraisal and development, hopefully the drill bit has success and the below can happen
below comment was in regards to Rafael shallow target which they say will drill this year, wonder if this means a LNG floating plant?
Buru has identified the potential for a smaller footprint and significantly lower capital cost development project to monetise the Rafael gas and condensate resource via highly modularised Liquified Natural Gas technology.
Ann: Quarterly Activities and Cash Flow Report - Mar 2024, page-2
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