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BRU

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6.6¢ buru energy limited

People will be able to make good money here if they do/start...

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TopSahara

8,310 Posts.

593

10/09/24

13:55

Post #: 75609726
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Originally posted by kbrown4515: ↑

Absolutely.
I'm obviously concerned with 7.6c and paper losses racking up - but I'm more concerned about the lack of buying volume & zero interest in what should be a company making discovery (or 2nd one). Who's to blame for not generating enough interest/hype in the drill, maybe old mate Tom?

On the drill itself, who knows. There are much better qualified experts and specialists who have deemed it worthy of a punt with a reasonable chance of success as these things go.Some on here want to ride this to death or glory but I don't share this investment strategy and I'm more intererested in strategies for managing upside & downside risk. The current low level of interest doesn't bode well for a duster & SP would retreat, possibly below 5c (3c value by investment analyst based on 19M best estimate) so consider stop losses.

Ultimately though the main game is the resources at Rafael which should deliver 20c+ if delivered by this team with the risk of CR (SP at lows given Shallow failure) & being exposed to poor deals (given Shallow risks), zero cash flow & funding & general incompetence of a small company with big ideas but lack of skills. Upside, I'd be selling out above 15c to get 50% free carry and then sit back and relax.

Happy to discuss in an open discussion forum - but here likely to get called a down ramper, reported for having multiple accounts, history of posting scrutinised and character slandered.

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People will be able to make good money here if they do/start drilling, the pumpers here will push this up as long as they drilling, the trick is knowing when to get out.

BRU Price at posting: 7.6¢ Sentiment: None Disclosure: Not Held
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