I still remember the day when the 1st Ungani Well flowed 1200 bopd, sitting in front of the computer and I hit the table and said "BUY!" SP was around 70c and it's started to fly. Ungani was a game changer Company Maker.
We are producing around 1000 bopd now, and shipping to Wyndham. And our SP is $1.80
Imagine if we upgrade to 5000 bopd at the end of the year. Rough Guidance $1.80 * 5 = $9 Excluding additional wet gas upside.
6 Drills on the way, Time to Flow more Wet Gas and Hit the Mother lode of Oil
Enjoy the Magic Carpet of BURU Dream Stock in my book, and a discovery of this size may never happen again in Australia. Buru will be a dividend Diva
Plenty of New Flow to follow. Arlberg1
BRU Price at posting:
$1.82 Sentiment: LT Buy Disclosure: Held
