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1.2¢ brookside energy limited

Ann: Flames Well Completion Service Company Appointed, page-15

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Gsinc

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377

04/05/22

19:20

Post #: 61208839
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Originally posted by danpech: ↑

Another observation .

It looks like on these assumptions based of the Sundance Kid profile, Rangers may pay out before it hits peak production!

Now, won't that be something for the BRK detractors to swallow if this eventuates

In addition, this would have significant implications for Black Mesa , as it's 25% back in of the BRK WI would come into play at a time the well is still throwing off significant cash flow. BM would have a significant cash build as it's only " expenses" are corporate and wages for the 5 or so staff. Apart from distributing cash to it's shareholders ( BRK and BM staff), it will be interesting to see what they do with the cash, which will continue to build as all the SWISH wells rapidly payout.... what a terrible "problem " to have.

Cheers

Dan

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Are there BRK detractors out there? I mean it seems nearly all the criticism of BRK is relating to the horrible performance of SP. We all agree that BRK operationally has performed exceptionally but let's be honest here, a company that performs great operationally but does the opposite in relation to the SP is a company not many are interested in

BRK Price at posting: 2.0¢ Sentiment: None Disclosure: Held
6 Upvote

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