BRU 3.66% 7.9¢ buru energy limited

Ann: Buru strengthens balance sheet with asset sale, page-14

  1. 501 Posts.
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    Agree, this move gets a "no" vote from me (seems like a knee jerk reaction to the taps being turned off at Ungani and reeks of desperation). This was a free roll of the dice and another of our backup plans. All our eggs are now clearly in the Rafa basket - a bad result on the Rafa appraisal and we're toast.
 
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