BRU buru energy limited

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BRU Chart Thread for Yatchy, page-236

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The Dean

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07/04/18

15:55

Post #: 32292241
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Originally posted by CEOChair ↑

My view is a stand-alone farm out makes not a lot of sense for much the same reasons. I’ve formed the view anyone with large enough pockets isn’t going to piss about with random factors like weather and access roads full of pondlife getting in the way and trucking some place A$10 per barrel further away than they have to. Sure, a traditional farm out will get the high impact targets drilled, but what to do with all the luvly oil they prove up? The obvious solution to me is a much grander affair, a complete solution involving infrastructure from well head to Broome, it requires a debt facility and the best arrangement for BRU is to have that provided by a financial partner taking a stake in the company so they have our back. I’ll say it till the cows come home and you know more about mooing than I care to, the EIG (Harbor) deal SXY pulled off is the perfect model for BRU. Same people who just offered $13b for STO. Can Eric do an Ian?

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BRU Price at posting: 30.3¢ Sentiment: Buy Disclosure: Held
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Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $13.85M

Open	High	Low	Volume
1.2¢	1.2¢	1.2¢	80.70K

Buyers (Bids)

Vol.	Price($)
3363015	1.1¢

Sellers (Offers)

Price($)	Vol.
1.2¢	522428

Last trade - 13.32pm 14/08/2026 (20 minute delay)

BRU (ASX) Chart

BRU Chart Thread for Yatchy, page-236

Antares Metals hits copper mineralisation at depth at Conglomerate Creek in Queensland

Kuniko extends Commonwealth-Silica Hill with positive drilling in lead-up to MRE

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HotCopper Highlights: DroneShield, tungsten and lithium stocks dominate this week’s investor chatter

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Capricorn Metals makes strategic acquisition of Piastri project in WA

Equus Energy inks 10-year gas sales agreement with Alcoa in WA

Ainsworth locks in Aristocrat patent deal for $8.5m

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BRU Chart Thread for Yatchy, page-236

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