BRK 5.26% 1.0¢ brookside energy limited

Ann: Quarterly Activities Report and Appendix 5B - March 2022, page-4

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  1. 306 Posts.
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    @danpech So they spent $6m approx on exploring new landholdings (leasehold too if I read it right) this quarter. Is that a good thing do you think? It sounds a bit as though they are spending all the oil profits speculating on more new landholdings (kind of like taking all your stockmarket winnings and immediately finding the next penny stock to dump it all on).

    What do you think? Cheers.
 
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