BRK 0.00% 1.2¢ brookside energy limited

BRK quarterly report webinar, page-121

  1. 252 Posts.
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    1 $million per week?? Is that sustainable? What is our business model? Is it to make money by oil? Say thanks to high oil prices and our luck.. Prices would not stay like this for long
    2) I am not sure about the acerage selling as I am not in the management. But, I can only point out what I researched before investing. Initially, there was a talk by the management stating we wouldn't need to dig 20 wells. After 5-6 , we would have a potential buyer most likely. That conversation has seemed to die. This is just an indication which I can refer to. Check the stock price of other micro oil organisation and compare with brk.
    This is all what I can say. Otherwise, keep on saying we are doing operationally this and that. Market doesn't care about this and past 1 year is an example of that.






 
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