BRU 1.25% 7.9¢ buru energy limited

Ann: Quarterly Activities and Cash Flow Report September 2016-BRU.AX, page-25

  1. 6,650 Posts.
    Not a shorter mate

    Just disappointed with the board and there continued failure to do anything.

    Look at previous decisions made by these guys from before K Wolfe to now.

    Pretty obvious why the share price is so low.

    Give me one thing that will improve the share price in any meaningful way other than an opportunist takeover?

    Resuming oil production and export via Broome...small chance

    Drilling a well...yes sometime in 2017 but we don't know where yet.

    Long term testing the two fracked tight gas/condensate wells? when and should have already been done.

    Farmin partner for Ungani trend, maybe but how are you going to export for a profit?

    Basically no reason to buy or hold
 
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7.9¢
Change
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No. Vol. Price($)
3 158980 7.9¢
 

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Price($) Vol. No.
8.4¢ 49000 1
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