Buru's website is very ineteresting. A lot of talk abouit what they're "going" to do. But at this point they don't look to be even drilling until May, in a area that has yet to produce. They would want to get their act together soon with a 40 mill dept to pay back to Alcoa if they don't produce gas by 2013. They would also require a pipeline to be built from Broome to Port Hedland. Thats going to cost millions, they wuld want to find significant gas or it will be just a pipe dream (Or is that pipeline dream?)
TSV Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held