its pretty simple hold, if you think the market will like news flow of oil gushers, not dusters.
And pathway to unlock, and grow the acreage positions.
Its not just about the 20 well inventory. If BRK had been able to pool the 8 operator blocks, not just 3, we might have had an 80 well inventory etc.
So path ahead, think about BRK with access to more cash from oil sales, acreage sales, option conversions, and with Black Mesa able to finger a next leap of seed acres. Next time we get a look in with additional acreage to pool, we may be able to seize the opportunity.
Invest in the management and connections who have done amazingly well so far on the sniff of an oily rag, mainly just doing acreage swapping.
Think how greater, they can be, now that they will have access to cash flows of significance, to unlock greater scale of positions.
- Forums
- ASX - By Stock
- BRK
- 10c club
10c club, page-77
-
- There are more pages in this discussion • 158 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
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¢ | 0.9¢ | $60.59K | 6.304M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 26012193 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 14288886 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
41 | 25967193 | 0.009 |
26 | 17785321 | 0.008 |
9 | 4326571 | 0.007 |
5 | 2255009 | 0.006 |
7 | 2758000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 14288886 | 16 |
0.011 | 50033158 | 47 |
0.012 | 11460109 | 19 |
0.013 | 16597673 | 16 |
0.014 | 11908750 | 14 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
BRK (ASX) Chart |