BRU 2.86% 6.8¢ buru energy limited

Ann: Operations Update, page-51

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  1. 12,028 Posts.
    lightbulb Created with Sketch. 6800
    Cheers Langdon, appreciate further thoughts on the AGM etc.
    I am glad that from your perspective, Broome is not totally off the table, as that would crimp BRUs ability to grow into the future assuming they do have at least some success with the drill bit. While I am a little frustrated that after spruiking it for so long, its now off the table, I do feel the reasons for it being table are logical.

    That makes a lot of sense about sharing drilling costs to bring a rig up north, as it has already been mentioned that it might cost up to $4m to get the rig up and back. So sharing costs, with perhaps Mitsubishi makes a lot of sense.

    Not sure if you saw thisisit's posts, but he has hypothesized that Ungani itself may be farmed down, did you get that impression? I can understand farming out Yakka and Kurrajong, but... not Ungani W... unless the offer is too good to refuse, but... who makes such an offer? (Twiggy is never generous).
 
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