For the current 1st well, i think it's adequately valued. We can have our rose tinted glasses on and think 'it's going to moon', but 1300boepd at 100mln MC kinda falls inline with competitors within the market. Yes there are others that have significantly lesser MC, but it's ok where it is.
Personally, i feel as if though the next well is where BRK will start making it's move. Whether we like it or not, there is a stigma attached to BRK due to previous mistakes, and people will be skeptical investing in such a project, until they have confidence in management and the direction it's going.
There's always going to be pip sellers, wanting to make a quick buck, but organic slow growth is the direction that's needed to be taken.
I called this morning that 3.2 -3.3 would be at close, im still confident of at least 3.2, but sell pressure is there. At the end of the day, who cares where it closes today, it's where we end up that matters
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $29.03K | 2.822M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 3291755 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 53593194 | 47 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 3291755 | 0.010 |
50 | 29056468 | 0.009 |
25 | 19337821 | 0.008 |
7 | 3171571 | 0.007 |
5 | 761842 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 53593194 | 47 |
0.012 | 12159225 | 17 |
0.013 | 20897673 | 19 |
0.014 | 11908750 | 14 |
0.015 | 5009088 | 10 |
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