Joshua, you make some valid points. No one on here including me, question the acreage of what bru have. The acreage portfolio assembled is in a new and exciting part of Australia that looks like having significant hydrocarbons present. BUT like previous explorers of the area, you are going to have dusters and disappoints. Its almost like management are preserving capital to make sure they can pay themselves first, then drill. If you fail, raise some more money and continue on, by doing nothing the share price falls always. Why would people park money in a company that does nothing, but promises big. The only way to get investors on board is to take a punt and explore for more gas and oil. Or if bru want to be conservative, sink another production well, closer to the other three. Thereby getting production up. EASY
Heads need to roll, the management team are a joke now. The honorable thing to do is for a few to resign and let someone else have a go
BRU Price at posting:
$1.17 Sentiment: Sell Disclosure: Not Held
