The sell off is not for the Sycamore, but Woodford IMO, and use the cash from the Woodford to fund the drilling of the Sycamore as one option, and IMO the best option. The sell off would accelerate the return which will give them the capital to significantly increase the prime acreage acquisition, and accelerate the drilling program.
The big step up in value is in how much acreage they acquire and prove the PUD reserves by the initial well rather than producing the current asset base IMO.
Remains to be seen what they plan to do.
Cheers
Dan
Banter and General Comments .. BRK, page-2355
-
- There are more pages in this discussion • 9,543 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $51.87K | 4.967M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 13259338 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 36316610 | 23 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| BRK (ASX) Chart |