BRK 0.00% 50.0¢ brookside energy limited

Ann: First Operated SWISH Development Unit Secured, page-15

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  1. 14,796 Posts.
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    their presentations should begin.

    "- dont expect to see our revenues in our 4c

    - WHY ?

    - Because we have a circulating off book finance leasing facility that limits dilution, but finances our path to reserves growth.

    - see our runs on the board. (successful wells/ PUD appreciation / asset sales)

    - The 4c will only get BRK cash flow, if we actually hold on to an asset long enough that it pays out its drill costs, prior to us selling it, for increased PUD reserves basis,.

    - these are the rungs on the ladder, and this is where we are, and this is where we get off.

    - Reserves growth. => payday for shareholders and minimized dilution."

    Put that on the front page of every presentation, and perhaps those who are looking through the 4c, will look further to whats going on.



 
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