BRU 0.00% 8.0¢ buru energy limited

yulleroo 4, page-38

  1. 13,667 Posts.
    lightbulb Created with Sketch. 1290
    Also dont forget the following.

    "Partner Mitsubishi Corporation has also been granted an option to acquire half of Buru's interests in the three new permits by making a cash payment to Buru of A$19.75 million.

    In the event that Mitsubishi exercises its option to acquire an interest in the permits, Buru will use the proceeds of that transaction to fund its continuing 2013 exploration and appraisal activities."


    They will buy in. They would be stupid not too. I hate posts that present incorrect info. They may still need to raise cash but by no means are they in the position that you state in your post.
 
watchlist Created with Sketch. Add BRU (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
0.000(0.00%)
Mkt cap ! $53.70M
Open High Low Value Volume
8.1¢ 8.1¢ 8.0¢ $12.93K 161.6K

Buyers (Bids)

No. Vol. Price($)
1 7000 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 141864 1
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
BRU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.