Buru company insight today - plug in the valuation figures I use and you can begin to see what BRU is potentially worth. There is multiple TCFs of gas and millions of barrels of oil recoverable - only a matter of the economics working out. Buru will be kept very busy for a very long time and still a way to go with the SP. A broker talked about it being a serious takeover candidate.
NSE has highly prospective Laurel shale ground as well- that's a big positive. A takeover of Buru will also be a bonus for NSE. NSE has its big drilling program ahead AND it has BRU working for it as well. I'd be crazy to take short term trading profits here.
Patience. GB
NSE Price at posting:
62.5¢ Sentiment: LT Buy Disclosure: Held