BRK 8.33% 1.3¢ brookside energy limited

Yes mate.I’lol put up a few shorter posts instead of 1 longer...

  1. 3,156 Posts.
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    Yes mate.

    I’lol put up a few shorter posts instead of 1 longer one.

    As usual none of those that post vitriolic “get rid of management “ stuff could be bothered to turn up and voice their concerns in person.

    Only a few of the ~ 12 holders that turned up voted in person, the rest of us voted online so the results were not affected by those votes.

    The Chairman stated that major shareholder out of the USA was going to support all the resolutions but there was an issue with the nominee company so their votes didn’t come in time… had they been counted the for vote would have increased.

    David spoke to the presentation and was upbeat with the operational success and projected significant free case that will flow post 2028.

    At current pricing, BRK should have ~ US $ 45 million in the bank as the last DSU is coming online ( which will be already paid for from production from the earlier developments)

    The DSU list and wells will be 1 ) Bruins with 4 Woodford… 2 ) Jewell with 2 Sycamore and 4 Woodford… 3) Rangers with 1 Sycamore and 4 Woodford.
 
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