I too prefer BRU taking up the Rafel shallow without a partner...

I too prefer BRU taking up the Rafel shallow without a partner and leverage the income to develop others one by one.

Now it seems Ungani is also wasted, with the 30% what strategic benefit can Buru achieve, the management must disclose their reasons/logic. Also the MinRes block is now wasted, does anyone know anything that justifies what we achieved by it in return? The below is what TN said in 2023, I am wondering what has changed for the current actions.




I am now feeling concerned about the current action on Ungani, they have found a partner who doesn't have a website, or their relevance cannot be even traced. I suspect something foul may be indicative of these actions. In addition, the management refuses to talk or provide details. Unfortunate to see many LT here seems to be just keep holding hopes but not sharing their logic. I am even wondering if they management representations? I must say it is not to provoke anyone specific , but to to understand why we are not responding. Appreciate if any of you can be contactable to discuss or have chat so I can update myself, as I see no direction in our discussions here.

I do not believe any good outcome could be expected without SH actions based on the last 2-3 years. Booking loss and moving on is not the best option here because Buru holds good resources that have real potential if developed appropriately. Appreciate if someone can shed some light on any of the concerns I have raised, thanks. I am sure at the least few others would be thinking in similar lines. I happy to be proven wrong.