Buru remains in strong cash position ahead drilling campaign

BURU Energy had a strong balance sheet with around A$61.5 million cash, ahead of its 2019 drilling program and exploration campaign in the Canning Basin at the end of March.

Buru remains in strong cash position ahead drilling campaign Buru remains in strong cash position ahead drilling campaign Buru remains in strong cash position ahead drilling campaign Buru remains in strong cash position ahead drilling campaign Buru remains in strong cash position ahead drilling campaign
During the March 2019 quarter the company recorded a net cash outflow of $2.5 million.
 
The majority of expenditure was due to exploration and development which totalled $3.

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