BRU 3.49% 8.3¢ buru energy limited

Ann: Corporate Presentation , page-26

  1. 5,165 Posts.
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    Thisisit,
    for somebody who owns so many shares you seem to be a bit light on for awareness.JPP has not been forever canned , it has been shelved by the Browse JV. WPL is keeping an option to develop a smaller plant in the vicinity of JPP.
    Premier Barnett is seeking to acquire the land regardless of the final Browse JV decision ( and it wont be just for a supply base).
    BRU has been approached by, and has had discussions with several major players.
    There will be a pipeline south to join into the main Dampier to Bunbury line.This can also supply the existing WPL operated LNG plant if they need additional gas..BRU has already done a lot of work on a pipeline route.
    Finally, BRU's partner , Mitsubishi would not be funding the appraisal program for the massive unconventional gas if they didnt have a longterm plan to convert it to LNG.
    There is a lot happening, and it will eventually all fall into place.
 
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