Quote Originally Posted by Rabbi View Post
Peter Strachan of stock analysis has a risked value of $15 on exploration upside for BRU ......
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 .