BRU
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1.49% 6.8¢ buru energy limited

Ann: Quarterly Activities and Cash Flow Report September 2016-BRU.AX, page-32

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  1. CEOChair
    27,422 Posts.
    lightbulb Created with Sketch. 4706
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    29/10/16
    17:10
    Post #: 20223887
    This - See last corporate update

    1. Forward Funding
      •   Ungani further development
        • –  Relatively low cost - main cost is wells
      • –  Mitsubishi Funding agreement reset ($27.5M) with full carry through end 2016 of up to $9M


        By the way, it also stated "One DMP commitment well on overall portfolio for 2017  " so that wasn't news.
    Last edited by CEOChair: 29/10/16
    BRU Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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