BRK 0.00% 1.0¢ brookside energy limited

Ann: Rangers Well Operations Report, page-28

  1. 349 Posts.
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    Yup, sadly, BRK has gone from one of my top performers to being completely in the dog-house - from a SP perspective, at least. Unfortunately, sentiment has gone to sh1t here but that happens sometimes, and whilst the fundamentals are still stacking up, it is time to batten down the hatches and await progress of Rangers and resulting cash-flow increase.

    At the end of the day, cash-flow is king in the micro-cap/explorer space (noting we've now progressed into production, so perhaps no longer strictly an "explorer"). Once the $$$ start rolling in from our first 2x wells, there should be a material up-lift in mcap.

    I've ridden shares such as AVZ down from highs to be almost ~90% down at the lowest points, but if the FA stacks up and the macro's support your vision, sometimes you've just got to trust your gut.

    Those AVZ diamond hands now have me ~4500% up from my initial buy-in.



 
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