BRK 7.69% 1.2¢ brookside energy limited

Banter and General Comments .. BRK, page-10673

  1. 64 Posts.
    lightbulb Created with Sketch. 65
    Not monetising by selling can be a catastrophic mistake. So far the drilling teams have been awesome and everything went well. But if DP says our monetisation pathway is to maximise drilling to "just" sell oil:

    1- if the drilling operation has a hiccup, that would be seen very badly for the SP. Drilling won't 100% of the times go well, it is a tricky operation, so it is risky. This was a needed risk in order to hold the land and prove value, but drilling just to produce is risky.

    2- if we just buy land, drill and sell oil, isn't that what every other producer does? I got here with the idea they were into "real state" for oil. Not looking like that now.

    Anyway, wait and see. Selling lambo, low kms.


 
watchlist Created with Sketch. Add BRK (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $57.27M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $22.67K 1.889M

Buyers (Bids)

No. Vol. Price($)
7 3105529 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 27732800 36
View Market Depth
Last trade - 15.50pm 24/07/2024 (20 minute delay) ?
BRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.