BRU buru energy limited

Eric's next Presentation, page-6

  1. 9,848 Posts.
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    From the bright lights of the USA to the backwoods of OZ.
    Although the possibilities of some of the targets are enticing for any farm in partner, there would still be a matter of connecting everything up to get any oil found to market, not without some expense.
    Any farm in partner would need to have available capital behind them as I am sure negotiations would have to include the possibility of a pipeline to Broome with related infrastructure in the success case of a positive drill.
    Maybe we might have to give up some of Ungani, who knows.
    What really frustrates me though is the length of time to convert 2c to 2p.
    Converting the Ungani resource to 2p would put BRU in a stronger position in any deal not to mention finance options.
    Its all been said before I guess.
 
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