hi all , I thought I would share my thoughts on todays general meeting held today in perth . First of all a shout out to Dan and Peto and also Chris who hold a quadrillion shares lol (top 5) , was great to finally meet some of the big boys and both myself and lonewolfe (Paul) appreciated our chat . So my last post had a few concerns re the lack of news / direction and what progress BRK had made with any sort of a monetisation situation. Well after today am very happy at where things are at , thank you David prentice , a great presentation and thanks for answering all concerns. To sum it up as my understanding is we have a great location of land with two good wells in one area producing at the lower end of the acreage , continental is doing a 12 well horizontal project directly under our DSU . So why BRK have not announced a direction is because they are waiting to see how good this project turns out as to what direction they head . There originally plan of 20 wells over 5 years could be done a lot quicker if BRK venture down that path , 12/14 horizontal wells at once . Now if continental want to repeat this project and go again we'll the best oil and gas is north which means they have to go through BRK meaning maybe a possible joint venture . Now with there current reserves when oil was 95.00 a barrel made sense to drill wells full steam ahead as quicker return , oil has dropped therefore this horizontal 12 wells project which is quicker and cheaper way makes sense , so waiting on the out come of continentals project makes total sense to me now . I guess with the reserves we have it's like having 100 million in a term deposit ....5 % return is a lot better than 3% . In summary, was really glad I went and believe the next 6months will be big , David believes oil will go up as the world supplies have been depleted and will need to be restocked so demand will be there . So all in all happy as they have been in talks with numerous companies and are really committed on returning best out come for shareholders, I hope this post gives a little more understanding and apologies as not as detailed as Dan pec lol
Take care all
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Last
36.5¢ |
Change
0.005(1.39%) |
Mkt cap ! $35.12M |
Open | High | Low | Value | Volume |
36.0¢ | 36.5¢ | 35.5¢ | $36.03K | 100.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10581 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 1400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10581 | 0.355 |
6 | 41700 | 0.350 |
1 | 5794 | 0.345 |
4 | 57118 | 0.340 |
3 | 37847 | 0.335 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 1400 | 1 |
0.375 | 10000 | 1 |
0.380 | 12330 | 2 |
0.385 | 35000 | 1 |
0.390 | 43314 | 4 |
Last trade - 15.58pm 19/09/2025 (20 minute delay) ? |
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