Hey BhutosHow does this scenario sound to you? Of which there...

Hey Bhutos

How does this scenario sound to you? Of which there are many. I can't see BRU getting 50% with the watertight MOU's.

Allocation after pre emptive rights exercised.

37.5% OBL
25% OXX
37.5% BRU or someone else

OBL then have enough to fund seismic with monies owed from OXX and Lind remembering OBL is still owed monies from Backreef oil for costs.

Then farm out to super major for 50% and everyones percentage is cut in half. Everyone is funded going forward and hold 50% less.

Is that a good scenario for OBL and OXX and BRU or whoever else makes up the 37.5% Backreef oil is trying to sell.

Sounds good to me. Maybe some Buru supporters might jump on OBL since their market cap is crazy at 11 million.

If Buru want the lot, I might consider a 1 for 10 script offer from Buru!!!!! Buru probably need their cash and wouldn't buy many shares on market.