Few catalysts currently. Ticking boxes for progressing Rafael...

Few catalysts currently.
Ticking boxes for progressing Rafael development and further appraisal planning. Big ticket item to come will be the selection of a development partner. (I believe this will be a big fish.. time will tell).

Add to that the Ungani oil field now owned 100%, which is currently sitting stagnant due to the Fitzroy river crossing damage. Timeframe for the new bridge opening has been recently announced as 6 months ahead of schedule. With strong current oil prices, the possibility of swinging this back into production appears to be a possibility which would enhance cash flow.

Then there is currently GHY drilling for Hydrogen next door to hydrogen permits we have in SA. Their’s is the first hydrogen exploration well drilled in Australia. If they have positive results (which could be announced this week or next), this could have positive implications for BRU’s future hydrogen business..