using the map on the OBL ann and comparing it with maps on BURU's website, it would seem that all of the Lennard Shelf and part of Acacia province lie within the coal bearing strata.
so if BURU don't hit oil or gas in May (yeh right) then they can always look at the multitude of unconventional coal opportunities they are also blessed with
here's hoping that NSE find enough success in Texas to allow them to make a strategic move on the remainder of BURU before all the action begins next year.
i mean realistically, chances are that eventually they are either going to merge or go their seperate ways. and while both companies are so cheap and illiquid, it would be a synch for the first one to make a break on volume to then make an offer on the other using scrip
NSE Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held