Ann: Buy-out notice for 50% interest in EP487,OBL-REY.AX, page-9

As suggested a couple of months ago , OBL directors/shareholders needed to sell the company to the highest bidder , ideally Buru for Buru scrip .

Unfortunately the conflict with wages got in the way .

Surely there must be a company , other than Rey , which is prepared to stump up 1-3c per share for Oil Basin's 50% of Derby after Buru's incredibly impressive initial flow rate and thunderous flare from the same basin centred gas accumulation ?

The directors , after Kim and Neil left have not made a proper case for what they would do with more money or the plan .