BRU 1.49% 6.8¢ buru energy limited

Ann: Rafael 3D Seismic Survey Early Insights Update, page-2

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  1. 27,422 Posts.
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    Awesome update. thanks Tom for keeping us abreast of current status before Xmas. Particularly liking:

    These early results are consistent with our previous interpretations, and indeed we have observed encouraging signs both in terms of the Rafael structure as well as regional prospectivity.

    and the kicker at the end:

    Canning Basin Development Partner Selection Process Update
    On 5 October 2023, Buru appointed Miro Capital as its advisor to assist in its strategic partner selection process for the appraisal and development of its 100% owned Rafael conventional gas and condensate resource.
    This process is advancing to plan, with Australian and International parties participating in due diligence activities. The results of both fast-tracked and final Rafael 3D seismic survey products are key inputs to this process, and as such it is not expected to be finalised until 2Q 2024.

    but I think Sinkers must work for the ASX who don’t seem to think this is market sensitive
    Last edited by CEOChair: 19/12/23
 
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