Great debate going on here for a change crew, I’m starting to get some faith again in the BPH thread again. 
But guys and girls and whatever else you call the rest of the crew on the BPH thread, get real, reservesand exploration are exactly that. Reserves and exploration are exactly that progressive and are needed for a country like Oz to be forging ahead the economy .......Our country needs multiple options when it comes to energy, especially NAT GAS and it’s many many many by products, we all can not live with out Nat Gas in the modern world until real life tangible 24/7/365 options are created to replace it first.
In its nature NAT GAS can be turned to what is ever needed in basically an instant and LNG in itself is an increasingly important export because of its mobility to world demand in LNG tankers or what has been spoken sub sea small dia high pressure pipe lines. You only have to live in NYC and experience the need for LNG gas or any sub zero seasonal city in the world which there are countless amounts of to see the world’s hunger for LNG or NAT GAS.
In NYC it sucks 2 LNG tankers a day in the winter peak in the massive steam plants they have there to provide anything from hydronic heating to power and hot water to steam in the street systemfor NYC. This demand is never going to be filled by solar or renewables in the next 30yrs IMO...nuclear is the only accessible and possible alternative to this supply in the foreseeable future, and believe me when you start to imagine the amount of cities around the world that have a hunger for keeping warm in the winter in sub zero environments, the demand is not going anywhere for quite some time or at least until Star Treks warp reactor is out of patent lol
NAT gas and LNG LPG is about the only source we have atm that bridges the transition effectively away from coal for major energy supply other than nuclear to god only knows what the next step is yet us humans have yet to nail it, .........but I’m sure in our little devious profit driven minds we all have, us humans will manifest a green alternative to power generation in the next 50 years. It’sjust the next 50 years we have to get through first, so hence why I am so bullish on gas exploration in Oz in general whether it be the Otway’s for Beach or our little Baby PEP11....Beaches MCAP stands at 3.5b, BUY at 30m BPH 120m - I certainly know where I would rather have my hard earned parked for the next 12months for exposure to gas and gas exploration discoveries and that is BPH or BUY.
It’s an absolute monster PEP11 with huge blue sky possibility in so many ways. If Oz is over supplying itself with natural gas in the next ten years there is always going to be a need for Oz gas somewhere in the world for a bloody long time into the future ....... so like I have been saying for quite some time now, I really don’t care when the powers to be announce NOPTA approval, it’s a formality now, so as holders of PEP11 let’s just watch the SPEC and FOMO build in this gas monster play out and enjoy the ride north in the ST - just chillax if you’re holder and enjoy it, it’s going to be one to tell your grand kids about BPH & BUY $$$$$$$$
And if your not well that’s your problem, sort it out lol
Buy BUY
(20min delay)