Banter and General Comments .. BRK, page-1544

Thanks for that, but I am totally opposite in opinion to that. If the reason for the downward trend in SP is not operational, and by that I mean in all aspects of operations , then in the longer term, any other reason is not that important as far as I am concerned. As the company continues to meet/ exceed it's operational targets , it will capitalize on that operational success.... and the market will be forced to respond accordingly, especially if it is ignorant of what the operational success actually means in terms of value creation. The NGL content of the gas is a critical part of that because having a higher NGL composition will increase production revenue and reserves in the short term , leading to an increase in the value of the acreage, which will increase the cash received for any sale of the PUD's in the longer term.

This time next year the company will be producing from Jewell and Rangers, probably drilling or completing Flames with no more than a few months from production. There will be SOI at 5 billion and the share price will be X. What will the response of the share price be, when say in November 2022 -Feb 2023, BRK announce the sale of it's Woodford reserves held within the 3 DSU's for US$120 -150million, which will fully fund the development of the remaining Sycamore reserves needing 4 more wells , drilled back to back costing US$40 million, and adding 6000 BOEPD initial production within 6 months.?

Would this course of action be a surprise to anyone here? .. would it be a surprise to the general market that thinks BRK is a speccy at best, or not heard of it at worst?... does pip trading today on the back of some CR shares issued have any effect on BRK achieving an outcome mentioned above? .... not in my opinion. I say an outcome would be more affected by a material reserve miss , collapse in commodity pricing, management instability or loss of Black Mesa working for BRK or other operational considerations.

So for me, understanding the effect of a rich NGL gas stream , or extra undeveloped prime acreage acquisition etc, on the value of the company going forward is significantly more important than any short term price / value misalignment.

If you view is short term, then you are more at mercy of the share price vagility, and understandably have a different view on what is important in what/ why the share price is moving one way or another.

That's what I think

Cheers

Dan