There a few good reasons it will be a strategic partner at a premium. And hopefully comes with an MoU/right of first refusal to the broader partnership.
but then there is the whole history of Buru stuffing me over for years (especially Eric’s parting middle finger $0.16 raise last year) which says otherwise.
I reckon best case is a strategic stake $10m at $0.11, plus SPP for a few mill, with them knowing the seismic and TO agreements/H2 spinoff plans will come out during the SPP period and reward faithful shareholders with a solid discount.
wouldn't be surprised however to see just a placement at $0.10 and we get the raw prawn.
There a few good reasons it will be a strategic partner at a...
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Last
9.7¢ |
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Mkt cap ! $65.12M | |||
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