BRU
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3.66% 7.9¢ buru energy limited

Is low oil price a good incentive for an explorer? Low oil price...

  1. locshare11
    800 Posts.
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    18/09/15
    22:52
    Post #: 16021183
    Is low oil price a good incentive for an explorer? Low oil price can freeze big or small projects.

    I have no worries as Bru can deliver its products at $45 poo. That’s is the average. No shale players can survive at $30poo.

    Can you guarantee oil price will never come to that price. Nothing is impossible as world equities are so volatile. Indexes can go widely too.
    Thanks for reply.
    BRU Price at posting: 33.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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