i thought id start a thread for my ramblings, that way... if you...

i thought id start a thread for my ramblings, that way... if you dont want to engage you can just not open the thread.


in announcement from 23/02/24, we had the appointment of Chris Robertson as an independent Non-Executive Director of Brookside. Anyone know if hes done anything?

Appointment of Non-Executive Director The Board has resolved to appoint Mr Chris Robertson as an independent Non-Executive Director of Brookside, effective from 1 March 2024. The decision to appoint Chris is in acknowledgment of the need to strengthen the Brookside board during a period of notable expansion, as the Company navigates a path towards leveraging operational success into returns to its shareholders. Chris brings 34 years of investment market experience, including 20 years in senior roles in the funds management industry. His insight into financial markets and adeptness in fostering relationships make him a valuable addition to the Brookside board. Chris has been a significant shareholder of Brookside since 2016 and has a solid understanding of the Company’s strategic objectives and the opportunities to create shareholder value as well as the need to address the challenges faced around shareholder engagement. In his capacity as a Non-Executive Director, Chris will assume responsibilities across various Board sub-committees, including the Audit and Risk Committee, as well as the Remuneration and Nomination Committee. Chris is based in Sydney and already has strong connections with a large number of our shareholders, and he has an extensive network among institutional investors and brokers. He is poised to further cultivate relationships with both existing and prospective investors, thereby contributing to the sustained growth and prosperity of Brookside Energy.

The decision to appoint Chris is in acknowledgment of the need to strengthen the Brookside board during a period of notable expansion, as the Company navigates a path towards leveraging operational success into returns to its shareholders

Chris has been a significant shareholder of Brookside since 2016. - buying a seat on the board happens.

He is poised to further cultivate relationships with both existing and prospective investors, thereby contributing to the sustained growth and prosperity of Brookside Energy. - So has he brought any one on board? if he has lucky them.....

Chris has been a significant shareholder of Brookside since 2016 and has a solid understanding of the Company’s strategic objectives and the opportunities to create shareholder value as well as the need to address the challenges faced around shareholder engagement..

i understand how to put bait on a hook but doesnt mean im out here catching tuna... has he done anything but collect a paycheck? because no value has been created... hes been here for a year... and these strategic objectives? what the f)*k are they? this company thought they were into real estate at one stage.... now they are producing.. i dont think they even have strategic objectives... Unless of course... thats to extract money from retail? because they are doing exceedingly well..


same announcement was the Acquisition of remaining buy back interest... pitched like this..

we continue to push forward with initiatives aimed at narrowing the gap between Net Asset Value and our market capitalisation, to this end the Board has resolved to simplify the Company’s corporate structure by acquiring the remaining 11.6% back-in after payout interest held by the US based senior executives (BAPO Interest).

The removal of the BAPO will deliver significant savings across the business, particularly in the accounting and corporate reporting area and align our corporate structure with other US listed E&P companies. The US based senior executive group (Messrs Francis, Girouard and Schumer) will be compensated for the relinquishment of the BAPO via a combination of a 1.3% royalty on future production from the SWISH AOI acreage and payments from cash flow that commence after the FMDP wells are in full production. The cash payments will be made to the group in seven instalments of approximately US$618,000, commencing at the end of the first quarter of 2025. The senior executive team in Tulsa, comprising Messrs Francis, Girouard, Schumer, and the newly appointed CFO, Shane Gray, along with their dedicated team members in operations, reservoir engineering, geology, and accounting, is enthusiastic about advancing with the new organizational structure. The team is dedicated to conducting the FMDP operations in order to maximize value for shareholders and remains devoted to the long-term growth of the company. With the FMDP now under way the team will increase their focus and remain vigilant in the hunt for potential new initiatives beyond our existing high-margin low-risk drilling inventory to ensure the long-term growth of the Company.


so uhh next Q and every Q the next 2 years are going to be 618k light..
and the overall 1.3% royalty on all production from the SWISH AOI right on!!!


gets better and better.

anyone looked into how much everyone gets paid?

this aint going up any time soon.



opinions\comments welcomed...