BRK land is in America, simular land and resources close by have sold for 16k per acre, these are world class oil and gas basin's.
"Undeveloped acreage values continue to rise as these world-class plays begin to mature. Analysis of the estimated US$8.0 billion in merger and acquisition activity that occurred in the Anadarko Basin Plays over the last two years shows undeveloped acreage trading at a weighted average of >US$16,000 per acre."
BRK MC is currently valuing the land value at around 5k per acre and no upside for the production of 2.5 million AUS a year the are making.
the actual concept to BRK business model is a little confusing and I would love to see an updated investment presentation clarifying it some more.
- Forums
- ASX - Short Term Trading
- Short Term Trading Weekend Lounge: 23-25th Feb
BRK land is in America, simular land and resources close by have...
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XAO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,817.4 |
Change
-81.500(1.03%) |
Mkt cap ! n/a |
Open | High | Low |
7,898.9 | 7,898.9 | 7,743.3 |
Featured News
XAO (ASX) Chart |