Morning all, well what a week it has been....I will try to get through this hopefully painlessly and quickly, apologies in advance for unorganized ramblings as I seriously have some cloudy thoughts from too much of the amber goodness last night....
Positive news and developments has clearly been overshadowed again by confusion and some negativity where conjecture and interpretation of announcements leaves many wanting more information. I 100% agree with
@danpech comments and summation of the current situation and sentiment.
Imo the company on current background research continues to kick goals going forward and can be clearly seen in some postings that some are making that effort to dig deep in their research. As mentioned SHE and our commitment to earlier step in agreements has put the timelines behind as they have secured funding, on that Jewell funding we will have to wait for the final outcome however IMO stakeholders must have a solution otherwise I would have thought Pad development wouldn't go ahead without confidence going forward.
So where to from here...it would be expected that a number of announcements will come completing the picture. IR and PR is the key here, they both exist within the company to what extent they are engaged is unknown. Greater representation is going to be required but careful what you wish for as this will come a greater cost to expenditure from a company trying to keep administrative costs low. The current tried method here must be looked at for greater performance and results going forward and happy to pay where results are achieved.
Positives overlooked have been clearly addition of non operated positions, greater production and actual positive revenue reported.
My initial entry to BRK the company was working to 400 acres and a small number of permitting non operated wells. In that time I only need to look at how much has been achieved as described in the Half yearly, and has almost quadrupled in size yet the SP has shown little improvement.
I have no problems or objections to management as the results are there on paper and currently don't feel any need in contacting them, sure there are frustrations felt by myself and others as mentioned in these threads.
I've always been long on my position so will continue to give managment time and a degree of patience, the results are there except for market penetration and acceptance atm, we are about to enter the most transformative period in this company history, look at the finer details but also don't overlook the positives.
Let's not waste this opportunity.
Keep well cheers Paul
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