JEF's proposed package is just too generous, it verge on high...

JEF's proposed package is just too generous, it verge on high way robbery. It will be nice to have him on board but the terms are just too generous.

Why do we need to give away 12.5% of the Company for something that we may already have!!!!

IMO all BUL has to do is drill more wells and if they can get a good gas flow the market will react favourably. We don't need to pay someone a king's ransom to manage that.

JEF only got a $17 million handshake from Santo and our little minnow wants to pay him up to $37 million?? The current BUL management must have holes in their head.

And unless we raise the issue here, when are they going to highlight Kogas's decision to defer their input? Many of us bought in because of Kogas's involvement. Hopefully, Kogas will top up and demand more representation on the Board, then we will go somewhere. BUL will need more money and better management.