BRU 3.66% 7.9¢ buru energy limited

fully diluted mkt cap seems high imho, page-33

  1. 6,650 Posts.
    Hi PB

    Taking the oil out of Broome would be hard.

    The storage tanks as used to import Diesel and can your really expect the greenie in Broome allowing u to set up a loading buoy. Also there is a fringing reef with a max water depth of 14m so that limits the size of your tanker.

    A better option would be to export via Point Torment near Derby, need development but could become a deep water terminal.

    Anyway it is a nice problem to have and it all depends on teh volume, anything above 10,000 bbl's per day becomes too much to truck. and you need over 20,000 bbl;s per day to build a long pipeline.

    Here hoping for the pipeline!!!
 
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