I never denied they raised a bucket load of cash via equity… they did , even made it easy for you and showed you how much.
But you stated that…
“ most of their cash came from option conversions … not generated via operations”
I proved that for all and sundry that is an incorrect and misleading statement .
As for being wrong on BRK, I do admit that originally, I was confident that monetisation will be in the form of an outright sale, and that BRK drilling the reserve for production cashflow was the least preferred and least likely option … that has proven to be incorrect.
We shall see how the production pathway goes as it will throw of significant cash flow… as I have always said, the market will decide if/ how well it rewards the company.
Banter and General Comments .. BRK, page-11060
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.04M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $11.13K | 921.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 15635756 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 21560553 | 30 |
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| Last trade - 15.47pm 18/07/2024 (20 minute delay) ? |
| BRK (ASX) Chart |