BRU
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2.22% 4.6¢ buru energy limited

board strengthening / company strengthening, page-6

  1. WhiteNoise
    6,650 Posts.
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    10/11/12
    19:02
    Post #: 10983177
    My view is

    1, there be no more farmin other than expanding with Mitsubishi.

    2, Production from Ungani oil field will limit the need for any capital raising. Plus 3D interp. PLUS development wells Plus reserves upgrade to 50 million recoverable for just Ungani oil field!!!

    3, AJL plus Arc has be working on a pipeline for years.

    4, Resource figures in early Jan for the wet gas.

    5, New deep drilling rig by early 2013. So we have two rigs working

    BRU Price at posting: $2.77 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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