BRU 2.17% 9.4¢ buru energy limited

Exploration and appraisal de-risked. Wealthy farm-in partner...

  1. 432 Posts.
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    Exploration and appraisal de-risked.
    Wealthy farm-in partner bringing a new set of eyes and funding.
    Money in the bank.
    No cash raising anytime soon.
    Increased production on the horizon.
    Low risk high reward exploration wells to be drilled.
    Oil price looks good , particularly in A$ terms.
    And,...……..games being played, seemingly to keep the share price down.
    As the intrinsic value builds as well as the good possibility of high impact exploration success ,
    why would unknown entities drive the price down ?
    It provides the perfect launchpad for a takeover at a ridiculously low price.
    Things to look for,.... information leaks during the next exploration program,
    resulting in share price and volume surge ahead of any announcements by BRU.
    Eric has run a tight ship with no leaks, but it gets so much harder when
    you have a partner, particularly a partner with Chinese money behind them.
    No other possibility exists.
    Watch this space.
 
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Last
9.4¢
Change
0.002(2.17%)
Mkt cap ! $61.76M
Open High Low Value Volume
9.2¢ 9.5¢ 9.2¢ $17.63K 190.2K

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No. Vol. Price($)
2 110315 9.1¢
 

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Price($) Vol. No.
9.4¢ 31713 1
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Last trade - 15.14pm 07/05/2024 (20 minute delay) ?
Last
9.1¢
  Change
0.002 ( 0.00 %)
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9.6¢ 9.6¢ 9.1¢ 68046
Last updated 15.06pm 07/05/2024 ?
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