Thanks mate. Pleasure meeting you.All good from my perspective...

First 4 Last

Share
Profile

Follow
peto2810

1,558 Posts.

512

26/05/23

19:53

Post #: 67988911
Share

Originally posted by keith54: ↑

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

Expand

Thanks mate. Pleasure meeting you.

All good from my perspective

Keep well cheers Paul

BRK Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 14 more messages in this thread...

First 4 Last

Add BRK (ASX) to my watchlist

(20min delay)
Last 1.4¢		Change 0.000(0.00%)		Mkt cap ! $66.70M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	244444	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	160000	1

View Market Depth

No.	Vol.	Price($)
32	14124641	0.013
25	10860174	0.012
11	8461886	0.011
11	4665489	0.010
7	3170014	0.009

Price($)	Vol.	No.
0.014	819160	4
0.015	12601883	16
0.016	7581575	23
0.017	11635924	15
0.018	5748505	11

Last trade - 09.58am 29/04/2024 (20 minute delay)

BRK (ASX) Chart

Day chart unavailable

Thanks mate. Pleasure meeting you.All good from my perspective...

Featured News

BHP confirms £31.1B takeover bid for Anglo American

Are there gains to be made with the grocery giants?

Recharged Prospects: 'Watts' on the horizon for copper & lithium

Crypto world awaits overnight Bitcoin halving event

Regal copper grades at Gascoyne play see shares jump 33% for Augustus

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks mate. Pleasure meeting you.All good from my perspective...

Featured News

Top Stories

BHP confirms £31.1B takeover bid for Anglo American

Are there gains to be made with the grocery giants?

Recharged Prospects: 'Watts' on the horizon for copper & lithium

Crypto world awaits overnight Bitcoin halving event

Regal copper grades at Gascoyne play see shares jump 33% for Augustus

Buyers (Bids)

Sellers (Offers)

Featured News