Hi you might have forgotten about the cost of the wells, about roughly 10mill a pop. They say they have 28mill I think it is less than that to be honest, a little bit of creative accounting going on, all my opinion. So if they drill 4 wells with a total of roughly 1400 BOE per day, can they really afford to drill 4 wells a year. No is my opinion, why do you think the last quarter was deadly quite with no drilling going on. They will be lucky to drill 2 horizontal and one vertical well a year, Very lucky to achieve this.
Banter and General Comments .. BRK, page-7309
-
- There are more pages in this discussion • 4,675 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
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $27.1K | 2.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 184091 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 45213055 | 29 |
View Market Depth
| Last trade - 13.03pm 03/09/2024 (20 minute delay) ? |
| BRK (ASX) Chart |