Another bit of coverage.Peter Kopetz - State One Capital,...

Another bit of coverage.

Peter Kopetz - State One Capital, Research Analyst

Stocks to squirrel away for rainy day

"Buru Energy

We identified BRU as a great up-and-coming story late last year and thus far we have not been disappointed. The potential that BRU’s assets display are truly phenomenal, but most are still at concept stage - except for the recent oil discovery at Ungani, which triggered the unprecedented interest in the area.


We see plenty of upside as BRU progresses its projects. Having Mitsubishi as its JV partner adds credibility and financial muscle. No doubt there will be ups and downs as is the nature of an oil-and-gas exploration company, but overall this is a long-term story and we are happy to have some BRU stock in our bottom drawer. Accumulate"





http://www.perthnow.com.au/business/stocks-to-squirrel-away-for-rainy-day/story-e6frg2qc-1226297455882