BRK 5.00% 1.0¢ brookside energy limited

Ann: Brookside, Financially Disciplined Oil Price Leverage, page-15

  1. 23,832 Posts.
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    no ones going to take over this company why would they they'd have to pay well in advance of current m/c of 65 mil they 'd have to keep drilling to retain that m/c as well's already producing are depleting (anyone who thinks there not is in fairy land ) so ten years time what have they got same m/c because cash spent on drilling rest of the well's and then all producers depleting , plus the structure of the company is a big red flag for any suito, probably over priced at currenty sp.
 
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