Actually, I don’t think a strategic equity stake in the company in return for a free carry on a single, specific project ie Rafa makes a whole lot of sense after I’ve trimmed a few hedges and had a swim and a cuppa and a hot cross bun or three. I think it’s far more likely to be a project specific farm-in - may well be 25% Rafa for 2024 appraisal/retest free carry with option to increase for follow-up exploration through to production. And agree a nice cash injection compensating for activity to date, maybe extra for Yulleroo UnCon or even Ungani Oil if desired.
I do, however believe there is a founding strategic partner stake to be had by anyone lucky and enlightened enough in 2H. And also in GeoVault, which would make most sense to be the Rafa farm-in partner, one and the same.
- Forums
- ASX - By Stock
- BRU
- Ann: Operational Update
Ann: Operational Update, page-46
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRU (ASX) to my watchlist
|
|||||
Last
8.6¢ |
Change
-0.005(5.49%) |
Mkt cap ! $57.73M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.6¢ | $16.81K | 191.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 254 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 225741 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 254 | 0.086 |
3 | 42376 | 0.085 |
1 | 12048 | 0.083 |
2 | 12907 | 0.082 |
2 | 110000 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 225741 | 1 |
0.090 | 1109855 | 2 |
0.092 | 647674 | 3 |
0.094 | 149969 | 3 |
0.095 | 75000 | 3 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
8.7¢ |
  |
Change
-0.005 ( 3.01 %) |
|||
Open | High | Low | Volume | ||
8.7¢ | 8.7¢ | 8.6¢ | 16424 | ||
Last updated 15.32pm 14/06/2024 ? |
Featured News
BRU (ASX) Chart |