There still seems to be some conjecture and doubt about timing of fracking. Page 3 of the AGM states "Laurel Tight Gas program preparations well advanced"..."operations planned for EARLY 3Q"...."siteworks underway"
Kieran stated less than a month ago, timing still on track for August.
He also stated farmin negotiations well advanced.
For these reasons I cant help but feel very positive. If things change behind the scenes, I expect Kieran, at the very least to inform shareholders of a new timeline as soon as possible. He did not indicate anything was possible of hindering the communicated timeline.
Again, a monthly progress update from Kieran would go a long way in appeasing a very deflated and weary brutherhood. Even a paragraph to confirm timelines are still valid would be welcome.
Of course, the recent announcements are invaluable in themselves, but the significance of their importance can quickly be lost, if they cannot be put into perspective by Kieran with respect to an alignment with the timeline shareholders expect.
I invest based on management clarity and transparency.
BRU Price at posting:
$1.10 Sentiment: Buy Disclosure: Held
