BRK 4.55% 1.1¢ brookside energy limited

Ann: Quarterly Activities Report and Appendix 5B - Dec 2017, page-14

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  1. 1,278 Posts.
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    I’ll email him again when I get a chance with proper list of questions and my cashflow when it’s more detailed.

    I think the company is in a better position than what the financials show. The funds from the 13.6% hole take 90 days to hit account (same with all holes) from when it starts producing so there is a quarter lag. The funds are paid to the drilling fund as per David’s email.

    I think I had about 6-7 million USD yearly cashflow before splits and repayments. So we are at a point where we can repay facility or expand it dramatically and not need funding for future acreages.

    I will hold my couple million shares.
 
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