No hope for BRU, page-36

Cheers, but I think it's equivocating a bit to suggest it isn't a sale just because it hasn't been finalised through no fault of their own. It would have been sold a year ago if it could have been. Most everyone here expects OBL to get the $1.75M, OBL have repetitively mentioned it. Sure it might not eventuate, but let's not pretend it doesn't represent a transaction.
I called it a firesale because financially it was SEVEN times less than what FMG were going to stump up for the exact same 25%. Instead of ~$16M all up from FMG they got $2.3M from OXX.
$1.75M was used as the supposed naked price of 25% in the FMG deal, the OXX deal and the BRU/BOPL deal. OBL offered to buy percentages back from BOPL on this 70k per 1% figure. I don't really see how it would be overly advantageous for OBL to sell any more at this figure. With FMG it came with a $4.2M share buyin and a $10M drill. The next step (after settling legals and assuming they win outright) really should be to farm out 50-75% to someone willing to stump up for exploration.
Then again maybe OBL do see some value in selling another 25% to OXX and then both of them farm down from 50% each to ~25% each or less to a large entity rather than seeing what extra goodies OBL can get from a "solo" farm in partner going from 75% to 25% and leaving OXX totally untouched through everything. Maybe. It takes all their power away though and leaves them open to OXX management risk for another $2M. *shrugs*.