BRK 4.00% 1.2¢ brookside energy limited

Update - 28/10/2021Chart Updatehad received a false breakout few...

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    Update - 28/10/2021
    Chart Update
    • had received a false breakout few days ago
    • support line 0.025c
    • break below 0.025 (danger zone between 0.021-0.024), break above will see first target being 0.035 (0.618 retracement).
    • BB tightening - sitting slighting below SMA
    • Other chartist please comment your analysis

    General Update
    • Oil price still above $80/barrel
    • Rangers well pad completed
    • Expect to receive an update on the conductor casing and drill rig mobilisation completion in approximately 9 days (comparing against Jewell)
    • IP24 yet to be advised (my previous calculations shows we should be ~2000 BOEPD - nevertheless, we are sitting significantly above their pre-estimation of 1300BOEPD)
    • Quarterly to be provided (where sales of the Jewell will not be shown as advised in the webinar)

    https://hotcopper.com.au/data/attachments/3735/3735277-ab4eff720a91060a5e25888c33bea45e.jpg
 
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