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1.1¢ brookside energy limited

Thanks.:) So re "if they can drill up some black gold"Is the IF...

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Chillicop

5,012 Posts.

638

05/04/21

09:34

Post #: 52249493
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Originally posted by dpgrubesic: ↑

The main reason is the jewel is fully funded the issue with these small caps it investors jump on as the SP raises then soon as you get a little moment the company capital raises for xyz reason.

Capital raising gets jazzed up as a way for a company to grow but in the end of the day it is a kick in the balls for investors. - I seems the hold term holders took the bunt of the capital raising a few years back

BRK Jewel is fully funded which means for that this project at least we can expect no need for a cap raise and thus SP grow should be sustainable and consistent - if they can drill up some black gold then this could be incredibly lucrative i think BRK is incredibly undervalued i wouldnt be surprised if Tuesday we see the SP go up by another +40%

I feel like this should be sitting at the 10cent region

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Thanks.
So re "if they can drill up some black gold"
Is the IF still a wildcard (avoiding the word wildcat lol).
If I was to look at the stats, what's the probability of this IF being when or dud....

realise we supposedly have a good team Black M and Drilling group...

BRK Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $52.50M

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