BRU 2.17% 4.5¢ buru energy limited

the way forward is clear, page-26

  1. 523 Posts.
    because of this overall wierd silence and calm
    it smacks of cant say anything because of ongoing negotiations
    for what?
    well when you think of it,the suspension and releasing the rig,makes sense if a deal could be up to farmout ep391...
    thats the whole ungani trend bru holds 50% of.
    that means oil(and gas)
    that would be big!
    must drill 16 wells in next three years,make 3D seismics over
    current known leads...etc etc
    for upto 4o%
    carry
    (bru 30% mits 30%)
    plus cash!!!!
    thats the kind of deal i suspect is in the pipeline,
    since its been going a while
    it must be close to closure(disclosure)

    its all supposition on my behalf
    so its not fact!!!

    i have no idea what bru would have up for grabs
    elsewhere which would be such a good deal for bru.

    isnt there an obvious big fraccing fluid concern/seller there in broome now???
    they,d have a pretty good idea who,d be suitable
    for such a deal...



 
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