Forget brasher mate, that will be lucky to produce $100K of revenue over the year, it doesnt even pay the outgoings of burleson to run their office.
if you assume best case success for H1 it may generate $700K of revenue once it gets going before new years.
Burleson has $1.5mil debt to pay, another $900K wilcox well, and a whopa well which could cost them a few $mil to drill.
Burleson are now screwed, they have to cap raise or go bankrupt.
