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2.17%

4.5¢ buru energy limited

Ann: Farm-out of High Impact Rafael Shallow Exploration Well, page-26

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smsman

651 Posts.

70

06/08/24

10:36

Post #: 75087785
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Originally posted by godzilla888: ↑

BRU holds permit in two entities- Buru itself and “Buru Canning” which is probably the holding company ttat ORG used to hold their interest that they handed back for nothing, in their infinite wisdom. So each entity has to give up 25%.

Sabre buying a volume = area of production license and down to 1800m

ROFR is on rest of permit - note mention of exposure to “ exploration running room”

If this was a normal market / exchange stock would be trading at $1.00 - company is delivering so we can’t blame mgmt - its more a huge problem with ASX as BME and TBN found out

Still more to come….

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We need to be in a rock solid, stable jurisdiction like Zimbabwe or Cuba for that sort of valuation it would seem.

BRU Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.5¢		Change -0.001(2.17%)		Mkt cap ! $35.61M

Open	High	Low	Value	Volume
4.5¢	4.5¢	4.5¢	$26.6K	591.1K

Buyers (Bids)

No.	Vol.	Price($)
2	499951	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	127778	1

View Market Depth

No.	Vol.	Price($)
2	499951	0.044
4	316870	0.043
2	95259	0.042
3	111000	0.041
5	363095	0.040

Price($)	Vol.	No.
0.045	127778	1
0.046	69231	2
0.048	582261	5
0.049	293748	5
0.050	25500	1

Last trade - 13.05pm 18/11/2024 (20 minute delay)

BRU (ASX) Chart

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