I hear you - a lot of us are in the same boat. The fundamentals...

I hear you - a lot of us are in the same boat. The fundamentals have never been better and the company has finally secured the Jewell unit as well as in the process of locking away more acreage in the area. The model is complex and a lot to take in which would disinterest some investors - far too many questions to ask/understand to fully grasp although BRK has been trying to simplify the message somewhat. Latest Noosa presentation is light years ahead in showing how the model works in a simplified format.

I would assume the reason it came down is a mixture of a few things:

- The oil price dropped considerably late last year.
- The interest in the sector decreased due to the oil price.
- The lack of real understanding of the model.
- Traders profit taking / loss taking.
- Lack of news from BRK - this should change this half of 2019 with the Jewell well as well as other news.

We have some major (and smart) investors in the T20 who know what the end game looks like.

As long as your here to invest and not trade, hang tight. The sky looks very blue in the future from where I'm sitting.