@danpech has generously written a lot of posts about this.
Suggest you bookmark https://hotcopper.com.au/search/search?type=post&users=danpech
"we are generating in the region of A$130,000 per day so if the wells produce for say two years we will be in excess of 50 million +++ easily"
BRK are not going to generate that value for 2 years without drilling new wells. BRK does not event want to try and generate that value, they want to sell the land to someone who can get a better NPV on it.
See https://hotcopper.com.au/threads/ann-swish-aoi-strategic-acquisition.7071346/page-72?post_id=64645531 and https://hotcopper.com.au/threads/banter-and-general-comments-brk.6108047/page-7347?post_id=64735246 and https://hotcopper.com.au/threads/ann-swish-aoi-strategic-acquisition.7071346/page-27?post_id=64622995
I encourage people to keep saying dumb things about BRK, Dan can't help his compulsion to correct them, to all of our benefit. I can't believe the posts are free
Ann: Juanita Well Operations Update, page-70
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.27M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $37.13K | 3.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 648453 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 28031377 | 34 |
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