BRU buru energy limited

Job, I am sure you are most likely right, my initial post...

  1. 6,711 Posts.
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    Job, I am sure you are most likely right, my initial post contained a fair bit of frustration/impatience. That has passed thankfully. In practical terms, if we are not going to get a load out facility and pipeline to the highway in the next 20 months or so, then I do hope that BRU undertakes whatever studies are necessary to ensure that the area of issue (flooded), is the focus of a major upgrade to ensure to the best of their ability that road access to Ungani will be available almost all year round.

    I have no doubt that all that can be done is being done for all the upcoming field works. Testing, flowlines, etc. Although no mention of more sub pumps (for U4&5), but perhaps that is simply because we are 3 months behind where they expected to be.

    Lastly, I feel its a shame BRU were not able to use the 3 months to get Blina back into production (although I realise that it may have simply cost too much at this time). Pretty sure Blina would be profitable at $90 AUD a barrel. At least the field staff could have been undertaking some sort of operation work. But of course, Ungani is the main game.

    Hopefully we will get another update next week with news of flowline construction and the Ungani field work being completed.
 
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