The problem with you blokes who think these announcements are not important is you have NFI what you are talking about.
These wells cost US$ 8-10 million of which half is just drilling the hole. There are SO many things that can go wrong that can cause a major delay/ cost blow out which can add $ millions to the well. The last friggen thing we need is a cost blow out and these so called “ boring” announcements gives important clarification that all is OK .
The Rangers investment is equal to 1/6th of our market cap and you can be sure the management won’t be sleeping soundly until the lateral is successfully drilled
And the beat goes on, page-46
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.27M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $37.13K | 3.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 648453 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 28031377 | 34 |
View Market Depth
| Last trade - 15.17pm 26/07/2024 (20 minute delay) ? |
| BRK (ASX) Chart |