BRU 5.49% 8.6¢ buru energy limited

Ann: Buru regains full ownership of Ungani Oilfield, page-29

  1. 2,056 Posts.
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    I was surprised to hear recently something that was being discussed in the background regarding Buru. Due to a disagreement on the valuation of our assets by another entity nothing transpired. So if what i heard is correct, Buru has protected us from a less than deserved outcome.
    The 3D and appraisal will almost certainly rerate our worth to the upside imo. The farm-in will reflect some of any upside determined through 3D analysis.
    There hasn't been any announcement regarding 3D delay so i presume its commenced.

    Last edited by CanningSuperBasin: 23/08/23
 
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