great announcment, page-32

I talked with Lind yesterday and this sub 1.3c funding stoppage is untrue.

Under the heading on the OBL funding announcement. It is clear:

MINIMISE DILUTION

OBL may elect to repay Lind cash in lieu of a share issue under the Agreement if the purchase price is less than a floor price of AU$0.0125.

So when OBL get their 1.8 million from OXX and or sell an asset. OBL may elect to pay Lind cash instead of issuing shares below .0125.

Also, most of the funding is in escrow and Lind believe OBL and their share price will be in a much better place in 3 to 6 months.

They are not out to destroy stock prices.

It is in the interest of Buru supporters to make these false statements about the OBL funding because they are greedy and want 50% of the Derby block.

The likely hood of this selling is a few shareholders panicking and not understanding the full situation. It is a massive buying opportunity to take out this panick selling. I bought more shares today.

From what I understand, OBL are exercising their rights under their MOU, as they have always intended. As shareholders, this is what we would expect OBL to do.

I also understand as operator they are commencing plans to go forward on the block. This does not take 2 minutes to do. But OBL are over in WA doing what they must do and we will find out soon.

Note: Funds from Lind will provide working capital and can be utilised for development of the Company’s projects and exploration permits in both onshore and offshore Australia.