Banter and General Comments .. BRK, page-4657

Agreed with the frustration that all holders feel however you have to appreciate that we are in a small/microcap bear market at the moment and most stocks across all sectors have taken a beating regardless of their fundamentals.

Secondly oil & gas stocks have not done well on the ASX in general and the majors are also undervalued. A few days ago I was reading a broker report which highlighted that the current share price of Santos is reflecting a $63/barrel oil price.

Energy stocks in the US have done exceptionally well and I am pretty sure that if BRK was listed in the US our market cap would have been multiples of where it currently is.

However I believe that as long as the company keeps on kicking its operational goals and the oil price remains high, the dollars will keep on flowing and at some point it will become impossible for the market to ignore BRK. And in case there is a major monetization event in the near future through a sell down of our acreage then that should itself lead to a substantial rerate.