BRU 5.49% 8.6¢ buru energy limited

Ann: Quarterly Activities and Cash Flow Report - Mar 2024, page-4

  1. 357 Posts.
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    What has become apparent from discussions with potential partners is that more specialised
    technical enhancement of the 3D seismic data set and additional analysis of reservoir quality
    and distribution needs to be completed before potential partners are able to complete
    technical due diligence and undertake any subsequent commercial negotiations.


    I'm not sure what to make of that to be honest. Did every potential partner come up with the same conclusion? Why was it not apparent to us?
 
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