Simple Maths ffxxsj.
If you crunch the numbers based on CURRENT valuation, with minimal $ per acre, the SP is currently MINIMUM 4c per share as we have discussed earlier. Once you factor in:
* Massive overperformance of wells BoE levels
* Comparable land values and increase in those values to date
* Expansion of Interest in 25 drilling operations
* Monster results coming in currently from Andarko/SCOOP/Stack Plays
* Revenue stream to massively increase from Q1-2 2018
* Future land acquisitions, re-investment in additional wells
And hey, don't take my word for it... Matthew Walker's valuation is 13c, Red Leaf's is 8c... so take your pick in the 8-13c range..
BRK discussion, page-22
-
- There are more pages in this discussion • 2,716 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.50M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $168.7K | 15.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 18081297 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2200000 | 2 |
View Market Depth
| Last trade - 15.48pm 09/08/2024 (20 minute delay) ? |
| BRK (ASX) Chart |