BRK 0.00% 1.2¢ brookside energy limited

mathew walker, page-58

  1. 3,697 Posts.
    I think they will go the tech route personally.
    I also think this will climb to upwards of 1.8c before a halt is called on a change of company direction away from non-value adding mining sector involvement.
    These micro miners can't stay above water in the current resource squeeze and will find difficulty in raising capital to continue making losses.
    Hence voluntary administration and recapitalised relisting.
    Name change from Red Fork to Brookside Energy was done prior to re-admission to ASX. Has no bearing whatsoever on the likelihood of BRK staying in O&G.
    No sense based on everything else that's currently in play DYOR.
    Just my opinion.
 
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