BRU 0.00% 4.5¢ buru energy limited

Ann: Corporate Presentation, page-29

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  1. 27,695 Posts.
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    Spec, it occurs to me Black Mountain wouldn’t have completed the transaction with Mitsubishi (which has probably been an ongoing process for at least since that Oct 18 article I posted) without doing due diligence on all things Canning Basin, most particularly it’s only producer... it also occurs to me that Eric is telling us he is already in direct communication with them at least as far as their intentions to drill are concerned, I don’t think he would just be reporting gossip hot off the grapevine in an ASX Ann... if they are already thinking about synergies such as sharing a rig, as the update implies, then I would think they would be exploring just how far the relationship could extend.
    I’m just going to ask you directly to speculate further (just your opinion, understand if you might be aware of anything you just can’t comment on) on questions that arise from the current situation and what you have so far speculated... 1) Are BM on verge of a t/o offer for BRU, or at the least about to farm into Yulleroo and/or Butler 2) will Twiggy enter the fray 3) when you say BRU may not be listed by 2021 are you thinking of these two battling it out for BRU or anyone else? 4) either way, do you agree with me that Eric is playing a game of smoke & mirrors with the market while this plays out?
 
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