BRU 6.25% 8.5¢ buru energy limited

Ann: Buru confirms Rafael resource development strategy, page-66

  1. 2,112 Posts.
    lightbulb Created with Sketch. 921
    So if we speculate that Raf-1 3D upgrades reserve potential, then surely the agreement with our new partner is at least partially based on a sliding scale of appraisal analysis. In other words, the agreement based on 1 TCF for example would undercut Rafs worth if the appraisal doubles the reserve size. I'm not sure how deals of this nature are structured. Will the 3D analysis mitigate any under valuation when the deal is made?
 
watchlist Created with Sketch. Add BRU (ASX) to my watchlist
(20min delay)
Last
8.5¢
Change
0.005(6.25%)
Mkt cap ! $57.06M
Open High Low Value Volume
8.6¢ 9.0¢ 8.5¢ $28.23K 325.4K

Buyers (Bids)

No. Vol. Price($)
2 67798 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 157022 2
View Market Depth
Last trade - 15.57pm 26/07/2024 (20 minute delay) ?
BRU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.