SURELY once the 1500m is achieved Buru should opt for the 30% share option and refund all OBLs cash spent on this drill as it will open up the future for both companies to continue exploration here. I would say once you are down that deep its possible to get a better idea from new data whether its worth another drill nearby. Im no expert DYOR.
So with cash refunded OBL and Buru will be in better position once again for another drill venture. No SPP required.
If Buru dont opt in then I guess thats another story so SP may depend on that Buru. Im only speculating so give a thumbs up if you slightly agree, Cheers
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5 | 2054995 | 0.008 |
3 | 628560 | 0.007 |
1 | 250000 | 0.006 |
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Price($) | Vol. | No. |
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0.011 | 880000 | 2 |
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