From memory, Coogee signed up in the hopes of getting gas out of Laurel. Two years later and we've spent that money and they're no closer to seeing any of that gas. I think they'd cop a $10M loss if it gave them a chance of seeing some gas.
$1.50 would be lovely, but we're not going to see that without oil production restarting and a drill in the ground. The former looks unlikely in the near term with the oil price stalling and the AUD going up, and without production we don't have the money for very much drilling.
If there's not some more activity in the next few months, BRU could get another shellacking as we move into tax loss selling next year.
- Forums
- ASX - By Stock
- Twiggy move on Canning Basin
From memory, Coogee signed up in the hopes of getting gas out of...
-
-
- There are more pages in this discussion • 118 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRU (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.9¢ |
Change
-0.004(4.82%) |
Mkt cap ! $53.03M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 7.9¢ | $268.5K | 3.221M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 137846 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 0.065 |
1 | 100000 | 0.060 |
1 | 54500 | 0.055 |
1 | 10000 | 0.050 |
1 | 50000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 137846 | 1 |
0.088 | 48069 | 1 |
0.089 | 6237 | 1 |
0.090 | 890981 | 2 |
0.091 | 50000 | 1 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
BRU (ASX) Chart |