Still a couple weeks left but besides that, it was the interest in the overall CR that bodes well for the SP imo.
CPS appears to be quite close to the company being a cornerstone investor and would intimately know the workings and what is to come. As such, they would have advised investors accordingly.
A quick recap of what is on the cards:
Jewell - Flavour of the month and the company maker. Exploiting a proven very high production area with majors in the area reporting exceptional results.
Rangers DSU to follow up on Jewell. Again, similar proximity with likelihood of exceptional flow rates based on results from majors close by.
Flames DSU to follow up on Rangers. - as above.
All tier 1 locations, all with indication of exceptional flow rates in near proximity.
These are the first wells in each DSU in 20 well development plan.
As the majors know, BRK can now get the drill bit spinning on each DSU making them a player vs a flipper. This amplifies the likelihood of a buyout if they desire BRK"s acreage.
To top it off, the Bradbury vertical well unit which was a surprise bonus to Thelma is also in play. Multiple proven zones to exploit and great money spinner for overall operations.
Given the multiple drivers above, I'd say BRK is well positioned for additional substantial SP appreciation and those who invested in the raise are fully aware.
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Still a couple weeks left but besides that, it was the interest...
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1.0¢ |
Change
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Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $54.15K | 5.415M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 29285055 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 4556013 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
42 | 29285055 | 0.009 |
15 | 4326476 | 0.008 |
5 | 3710000 | 0.007 |
4 | 6995000 | 0.006 |
4 | 2508000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 4556013 | 5 |
0.011 | 44349355 | 38 |
0.012 | 13551427 | 19 |
0.013 | 16111418 | 17 |
0.014 | 12877951 | 16 |
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