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Buru Energy Boosts Rafael Project Value by 45% and Secures A$5.3M Placement
9:42am on Tuesday 21st of April, 2026 AEST
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Energy
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Buru Energy Boosts Rafael Project Value by 45% and Secures A$5.3M Placement
9:42am on Tuesday 21st of April, 2026 AEST
Key Points
Rafael Gas Project value increased by 45% with new liquids and LPG streams
A$5.3 million placement completed to fund pre-FID engineering and approvals
Appraisal drilling rescheduled to Q2 2027 for project optimisation
CEO Thomas Nador resigns for health reasons; interim leadership appointed
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