Ann: Jewell Unit Development Set to Commence, page-48

Dan, many thanks, for your in depth reviews. Great stuff, good reads.

You intelligently slice through the indecipherable BRK ASX releases with ease to sum it easily up for the layman.

However, I think most retail has been hanging on since last year, for the carrot - The Jewell prospect - and it has been dragging out way to long and has become ridiculous now. It should have been sorted out by July 2019 by SHE with a definitive spud timeline, funding arrangement and as you said an anticipated 20% reward for being the operator.

The latest SHE/BRK ASX release invokes more questions than answers for the supposed ‘Company Maker’ Jewell prospect and further puts the spudding date out to 5th of never ?

Not happy Jan ! I’m out.

I’m like most retail investors who want a simple investment.

The complex nature of BRK’s structure and financial percentages with Black Mesa, Merchant and now SHE are very off putting for retail and professionals.

It does your head in, hence the many HC questions to you to untangle the maze.No one wants to be a forensic analyst or brain surgeon to solve the complex’s of BRK/SHE announcements or arrangements ? It’s just to hardddddd work.

IMO, like others, BRK/BM as the operator have picked a poor choice to fund our company maker - Jewell prospect. The latest SHE announcement is the final nail in the coffin for me along with what appears to be a not as attractive percentage for BRK being operator.

On a USA political front I am also concerned as per article below as several Democrats are proposing banning Fracking in the 2020 race for the White House (see the part transcript and hyperlink below). This concerns me as an investor in regards to oil revenues and the end game of selling the O&G land in the future.

I don’t like investing in political hot potatoes or companies with projects that have more questions than answers and indeterminable project time lines.

Good luck to you all with your investments.

News Article:
”The question of what to do about hydraulic fracturing, aka fracking, of oil and natural gas has emerged as a rich vein of debate in the 2020 race for the White House. Several Democratic presidential contenders including Sen. Bernie Sanders, Sen. Kamala Harris, and Sen. Elizabeth Warrenhave proposed to ban fracking altogether, a stark shift from where the party was just a couple years ago.”

https://www.vox.com/platform/amp/energy-and-environment/2019/9/12/20857196/fracking-ban-case-democrats-2020-president