BPH 5.56% 1.7¢ bph energy ltd

Ann: Advent appoints Contracts Manager for Baleen Well, page-176

  1. 236 Posts.
    lightbulb Created with Sketch. 10
    Could someone please advise how BPH could justify $500m mcap (equal to that of SXY) in its current position? Even after approval is granted. We have $9M in bank, no revenue and won't be drilling Monday. Compared to SXY, which has annual revenue of $100m/yr approx and is actively producing and selling gas to the east coast.

    I'm bullish on this, but the claims thrown around here truly are absurd.
 
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