BRU 1.23% 8.0¢ buru energy limited

Ann: Corporate Presentation-BRU.AX, page-184

  1. 5,176 Posts.
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    WN,

    You have expressed concerns repeatedly about limited testing, horizontally/vertically and so forth. I suggest you should take your suggestions to the company.

    Whatever few conversations I have had with personnel including Eric have always been genuine if at times robust. Eric to date has always been open, he doesn't suffer from hubris, nor an inflated sense of self-importance.

    I have vented and been heard , but I have always left knowing that the company and Eric more than anyone, feels a sharp responsibility to us shareholders.

    There is of course, the very real backdrop impacting the company fortunes and that is the O&G price, which has hit the whole sector like a meteor! That in itself would have a domino effect on company decisions, perhaps the sale of Yakamunga etc. That coupled with one of Mitsubishi's worst result in years, globally, too would have informed their decisions in turn recently. Having said that I am sure Mitsubishi remains committed to BRU, if only to collect on a very significant investment to date, can't see how they would just walk away after having confirmed the existence of such a vast resource.

    I sincerely encourage you or indeed anyone else to seek answers to questions that niggle, direct from the company.

    However, you would appreciate there are things no company will nor should disclose unless to the market as a whole.
 
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