For those that get Peter Strachans reports you will know that the statement above was made in Stock Analysis today about Buru , so take out a subscription and follow it !
He talked about some pretty free cash flow from the Ungani field that will help pay for ongoing capital commitments so the need for any further shareholder diminution from capital raisings is substantially diminished.
It's a very good read and very positive from someone who is usually very guarded in his comments on Buru.
This is all before any account of success At Ungani North 1 , reserves announcements , McDaniell report update , and productivity tests at the Valhalla and Yulleroo Basin centered Gas plays .
He said it would be a crying shame if anyone tried to buy Buru a $5 a share.
Faint praise indeed !
For those that get Peter Strachans reports you will know that...
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Last
4.5¢ |
Change
-0.003(6.25%) |
Mkt cap ! $34.84M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.5¢ | 4.5¢ | $1.422K | 31.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 233968 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 359998 | 4 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| BRU (ASX) Chart |