I really struggle to see bru below 60 cents for much longer...
this week we should spud olympic as we know its a high risk target, but right after that we have drill rig two coming into play, and commercial production mid july...
so if we miss the oil at olympic we have a general sort of hedge of downside risk with these other things happening.....
I think this runs up mid 60s and if olympic fails then it only comes back to to the 50s
there are few oilers that really excite me...
buru is one of them...
heres the start of it,
burus biggest ever drilling campaign...
with the low market cap plus anticipation of ongoing drilling could really see this run on good news or maybe even no news at all...
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I really struggle to see bru below 60 cents for much longer......
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