i now support acquisition of nse by buru, page-4

Crespo

I gave you a thumbs up but it went blank as someone else gave a thumbs down.

Anyway, I agree with you about the target share price because my target share price was $3. However I now believe that I will not be able to reach it despite a very bad downside risk exists there.

failure of techinal team is not one;

- Lawford-1 well: The debth of target formation wrongly calculated, hence couldn't be reached.

- Nicolay-1: The debth of target formation wrongly calculated and coring was done much later.

- Gibb Maitland-1: Pipe got stuck and well has been lost. As the operator was NSE tech. team, this is solely the responsibility of NSE but not MB Century rig. Because pipe was stuck at around 1000m when it was being pulled up, and it was not caused by the casing itself by a mobile formation, the stuck pipe incident could be only caused by the wrong actions of tech. team IMO.

I wouldn't give a fourth chance to this tech. management.