BRU 1.23% 8.0¢ buru energy limited

More work in the pipeline, page-8

  1. 6,650 Posts.
    Hi Spec

    Remember that Flinder model is normally pick up the acreage and on sell for a free carry as per CVN Roc play where they sold out after drilling for a massive profits.

    With onshore Canning they over bid for the permit, multi wells and couldn't find a farmin partner so stumped drilling funds themselves.

    Now having drilled the well they now are back to plan A which is to sell the permit for a free carry etc.

    Hence you have to realise the possibility of positive spin.

    WN
 
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