EMP BRU REY

Ann: Derby Block Update & Backreef Oil, page-31

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  1. raiderup
    17,248 Posts.
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    03/12/14
    09:40
    Post #: 14398143
    "if anyone thinks they can pick up Derby cheap they have got another thing coming."

    True the upfront payment is " low ball ".

    But what are the conditional terms, which are regarded as highly beneficial to OBL, and shouldn't be reasonably withheld?

    http://www.oilbasins.com.au/OBL - ASX Release - Derby Block Update 6 February 2013.pdf

    Still dont understand why any SHr would at every opportunity kick the company in the slats ,as you do .



    Raider
    REY Price at posting: 8.5¢ Sentiment: None Disclosure: Unspecified
    BRU Price at posting: 46.5¢ Sentiment: None Disclosure: Not Held
    OBL Price at posting: 0.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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