BRK 7.69% 1.2¢ brookside energy limited

Congratulations the SHE for taking up the offer an stumping up...

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    Congratulations the SHE for taking up the offer an stumping up some significant cash to participate for their ~%50 of production a good result for shareholders, although the greatest benefit still resides with BRK

    She will receive production cashflow for their contribution whilst BRK will obtain production cashflow for their % TBD of wellbore interest plus retain ~90% Working Interest of all booked and what will become proven undeveloped reserves that can confidently put a cash value on as well as the increase in land acreage asset valuation

    I think the penny is starting to drop on who is the greater beneficiary of the DSU production

    Happy days ahead IMO, congratulations to BRK and BM for the valued contribution to achieving these milestones and many more going forward.

    Keep well cheers Paul
 
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