BRU 2.50% 7.8¢ buru energy limited

Brent 50/100DMAs Golden Cross as Scripted

  1. 27,221 Posts.
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    A$ at 79c, so A$Brent right about bang on Eric's requirement to make A$25-30 a barrel. Only Upside from this point on. Negative sentiment to oil from certain analyst's commentary starting to look just a little silly right about now. Another nice draw on US Inventories overnight takes the total draw since March to 75m barrels, if that's not demand smashing supply, I don't know what is. Oil is just starting new Uptrend, BRU's forecast margin is an underestimate... imo. Now I'm going to have a nice cuppa to get ready for some jumping later.

    Last edited by CEOChair: 24/08/17
 
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