In my earlier post I used the expression. sh*t or get off the pot. and phrases like WP is the heartbeat of the team,
the star striker getting older etc
All very colourful and fun to write but nonetheless the management have failed to even contract for a rig in almost a year and drilling whether classified as HBP or development is moot. After all if we get a DSU finalised at this stage in our life cycle then we're sure as hell gonna drill it rather than lose it. We're not skint any more
So why nothing over this time? rigs too expensive to contract? oil outlook too pessimistic? uncertainty over DSU finalisation? enticing sales/JV prospects? maybe all plus other factor we're not aware of?
But we're now heavily dependent on WP for decent cash flow, and it makes me wonder if we have managed this situation wisely? I don't profess to know, I only know for an ambitious company with lots of cash and great assets we seem to be constantly languishing in our share price.
And you really have to ask of management , you've got money, you've got assets, you've got expertise..... is this the best you can do?
Is plan A working? is it time for plan B or time to do plan A better? how long do we wait until we conclude this JV/sale has fallen over? then how long before we get a drill into the ground?
Thank goodness for the big bad Wolf and wouldn't it be nice to have another one doing its alpha predator work in one of our DSU's
- Forums
- ASX - By Stock
- Banter and General Comments .. BRK
In my earlier post I used the expression. sh*t or get off the...
-
- There are more pages in this discussion • 1,816 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRK (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.17M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $109.9K | 9.155M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 10848681 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 22910913 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 10738681 | 0.012 |
53 | 50451280 | 0.011 |
26 | 15096920 | 0.010 |
9 | 5770014 | 0.009 |
2 | 220000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 22910913 | 18 |
0.014 | 26594795 | 17 |
0.015 | 9071115 | 17 |
0.016 | 2100491 | 12 |
0.017 | 11026445 | 7 |
Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
Featured News
BRK (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online