Reality check.
Was the Cooper basin a stranded asset? Yep...Oh, before 3 pipelines were built to 3 different states. Most oil and gas assets are stranded, until a pipeline is built.
The market is WA with a conditional contract for at least 1500 petajoules.
Too expensive, based on what financials do you make this claim.
Share price is down MORE than 90%.... So what? Maybe it goes up 500% in the next 2 years.
What lack of local support... You choose to ignore the Aboriginal groups that do want a part of the future Buru riches, and have helped out considerably over the last few years. Some of them have qualifications through working with Buru. Check out buruenergy.com for the truth!!
Refer to State Agreement for your last 'point'.
ABC North West, page-11
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