Well it's fair enough to have doubts considering some of the delays we have faced. Management have been able to stick to recently announced deadlines though. Can only really go by what has been reported. They are still aiming to spud Ungani 3 in December. Just reported in the quarterly not even a week ago.
"Phase 1 Development costs including the Ungani 3 well planned for spud in December."
So they must be pretty confident they will be drilling in December because its just over a month away.
BRU Price at posting:
$1.70 Sentiment: LT Buy Disclosure: Held
