Post by
perrypirate on Mar 18, 2017 2:13pm
Cash Position per latest Sedar reports on BRS website
I am a long time investor in BRS dating back to 2012. I am still underwater but hopefully this week I will get in to the black. Like everyone else I am excited and hope this thing continues to rocket up. In looking at the latest reports I see that last fall cash was down to next to nothing. Roughly $40,000. Also, have noticed that their ownership in AleAnna Energy has gone down from 17% in Oct 2015 to a now reported 9.74% . Does anyone know if they sold some of their ownership interest for a cash infusion so that they could keep operating until the well starts producing? Good luck to all of us this coming week.
Comment by
salman1 on Mar 18, 2017 7:54pm
To me it looks like you will get your money back whatevere you had invested in 2012. Even if they have less ownership. This is explode after the production tests are completed and confirm commercially viable well. This is only my opinion.