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50.0¢ brookside energy limited

BRK discussion, page-1887

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Wanttoretire

60 Posts.

25/03/19

10:07

Post #: 37870654
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Originally posted by stevenjd: ↑

the interesting thing is, that when you look at BRK shareholders, you have to consider that the registry is slowing turning over, to longs who finally understand what brk are about.

the cash flows, revenues / asset sales/ purchases, are veiled behind the off book leasing facility.

The true measure, is reserves growth, => asset sales => funding SWISH => forced pooling => 5000 acreas x 25000 per acrea => $$$$$ return to shareholders

Now cash flows, from wells are good, as demonstrate our success in the field, but are transient in the off book leasing facility repayment, and / may eventuate into the 4c, but are likely to end up sold assets, which then repay the facility to reach the end game.

Thats acquiring much larger acreage in SWISH, with a large operator position, and end game, then = cash return to shareholders.

The measure of success is good wells = good PUD reserves = good sales = repeat same until final sale event of SWISH climaxed.

while less strategic other assets are just chickens on the block, with their heads to be cut off, in order to sharpen the axe for SWISH objective.

Growth, growth, growth. Sale. Cha ching. !

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So the company would basically liquidate at some stage and distribute proceeds to shareholders?

BRK Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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Last 50.0¢		Change 0.000(0.00%)		Mkt cap ! $47.72M

Open	High	Low	Value	Volume
51.5¢	51.5¢	49.0¢	$44.98K	89.99K

Buyers (Bids)

No.	Vol.	Price($)
1	500	49.5¢

Sellers (Offers)

Price($)	Vol.	No.
50.0¢	37144	2

View Market Depth

No.	Vol.	Price($)
32	24732931	0.009
15	2687698	0.008
4	2510000	0.007
5	7995000	0.006
4	2508000	0.005

Price($)	Vol.	No.
0.010	6431706	10
0.011	44010100	33
0.012	14761209	20
0.013	21532087	20
0.014	11877951	15

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