Today's announcement on Para-1 is simply outstanding. Locating the Upper Laurel earlier then Val Nth with similar gas shows. This is what we have been waiting for since the last wet season.
The next two weeks will be big. AND Asgard 1 to be drilled sometime in the 2nd half - any success there will indicate 20+ TCF's. I can understand why the stock is strong today..........but why isn't it trading closer to $5 now?
The insto's are starting to buy which is a positive - they should tighten the stock up more. We are also likely to see the announcement of BRU going into the ASX200 tomorrow morning AND hopefully it will be accepted into the MSCI small caps Global Index at the close today. All this induces buying and tightens the stock up more.
Happy days BRU holders!
simply outstanding
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