BRU 1.05% 9.6¢ buru energy limited

Not likely- this deal a stretch as it is. You need to drill and...

  1. 78 Posts.
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    Not likely- this deal a stretch as it is.

    You need to drill and test before big numbers put on it

    One other component I forgot is offtake - buyer gets say 50% of offtake at defined price formula. Seems like funny thing to sell but is a big step in commercialization - eg can borrow against it eventually

    If Qatar ( big LNG exporter) gets dragged into ME mess might be a rush to “secure” Australian LNG supply , scary Sea Serpents and all.
 
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9.6¢ 7967 1
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
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