Ann: BPH raises $9 million in Share Placement, page-69

Hello Guy's,

Been on a BPH holiday the past 1.5 days and it has been good.

This Raise is going to go and do a lot of things and with the company executives apparently supporting the RAISE to the tune of $1.6Mil+ I can only see good things going forward.

A lot have been wondering how the drill is going ahead as BPH will have to pass the hat around again. Well my analysis is that BPH now will be fully funded to the drill and with the drill according to sources in the GAS industry likely to cost a lot less than what people have been advocating on here (down rampers). We should also retain this war chest going into the drill in my opinion.

As stated on the BUY forum, post NOPTA I will do my own thesis to show where I think we are at in respect to the drill and likely outcomes going forward. This research has been compiled by myself by joining the dots from many different places. Also as stated previously, should NOPTA NOT go ahead (unlikely) then we have a considerable war chest to build Cortical and/or go shopping.

Good luck guys and I don't plan to post much as I see blue skies ahead and if you are not at the BPH/BUY table shortly, well you know....

GLTAH - IMO