BRU SP now frog marching upwards again, with two drills on the go and an EPT of Ungani about to commence. The analyst in question also stated in the report-which is now public knowledge- that BRU upside is "unquantifiable".
At the moment they are just testing to see what the extent of the gas discovery could be as a contingent resource. If-and this if is getting smaller as they drill more wells- they prove up significant 2P reserves of gas and liquids-they will be gobbled up by a major.
I'm still holding .
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