Ann: Response to ASX Price Query , page-11

Hi OilBull,
You are right in that nothing is a no-brainer. That aside- the Royalty Contract
signed by EPG was (according to Peter Strachan) a standard contract in the oil and gas industry whose provisions are well understood. In other words- it's an
open -and-shut case based on precedent. I personally feel that Buru actually
understand this all too well and are just playing for time to hang onto as much money as they can for as long as they can. In the end they will have no choice but to pay up.