BRU 5.88% 8.0¢ buru energy limited

Hi Spec Remember that Flinder model is normally pick up the...

  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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