Totally true , but the quality of the real estate and hence it's value uplift is directly related to the well delivery and performance. The market understands/ responds to positive well results and today's action is proof of that so the more well related announcements the better IMO.
Post payout the well performance will help pay for BRK's operating / corporate expenses with more cash available for non off balance sheet investment.
Even though non the aim of the MAIN GAME, if they can drill a few wells from their own cash they will access the cashflow immediately, as well as benefit from the acreage valuation uplift.
By the way, in regards to realestate, another 5 leases picked up so yearly count now at 146...
Cheers
Dan
- Forums
- ASX - By Stock
- Ann: More Outstanding ''Sustained'' Production Results
Totally true , but the quality of the real estate and hence it's...
-
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRK (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $56.09K | 5.622M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 28328841 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 4480590 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 28328841 | 0.009 |
16 | 3979210 | 0.008 |
6 | 3507000 | 0.007 |
4 | 1585000 | 0.006 |
3 | 2308000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 4480590 | 3 |
0.011 | 36316610 | 23 |
0.012 | 17291476 | 28 |
0.013 | 21872569 | 20 |
0.014 | 11005309 | 14 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
BRK (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online