BRU 3.66% 7.9¢ buru energy limited

Today's trade, page-15

  1. 2,091 Posts.
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    You want a fun exercise:
    1.Hong Kong billionaire Mr Ka Ching -thats his name-is right now bidding for Duet which owns the Pilbara Bunbury gas pipeline,amongst many assets.
    2.Once the Yawaru agree with Bru the congas at Yulleroo becomes available AND then the economics all change.
    3.The Chinese interests which control all land around Bru launch the take over/farm-in.
    Question-are any of those interests related to Ka Ching?Nothing obvious that I've found though lots of the sub s/hldrs are from Honkers.Any help with links would be appreciated.
    4.Share price take off.
    On a serious note my view is the restarting of oil production doesn't make much difference to the sp.Right now production won't give a great profit.An all weather pipeline to the highway is needed.Given the weather there won't be production till April.
    On the bright side the Alcoa experiment with the Warro gas sounds like a major belly flop/dead end.They could come smelling around again.They might have to.
 
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8.4¢ 49000 1
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