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0.00% 1.9¢ emperor energy limited

How does Backreef Oil company (BOL) fit into the picture as 10%...

  1. n_terra
    364 Posts.
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    12/08/10
    13:31
    Post #: 7011722
    How does Backreef Oil company (BOL) fit into the picture as 10% and operator? This is fully owned subsidiary of OBL?

    I see Buru have 30% backin rights along with BOL having an option to another 10% (20% total)..

    Any thoughts on this arrangement and funding

    slide 24
    http://www.asx.com.au/asxpdf/20100712/pdf/31r8ls04pltsz0.pdf
    OBL Price at posting: 5.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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