No, it doesn't concern me which is sort of bad news. The reason why it doesn't concern me is that I think it is important for Advent to gain an interest in another project just in case PEP11 dies. The cold hard reality is that the ALP will almost 100% certainly cancel PEP11 if they get in. All the polls etc suggest an ALP win is likely. PEP11's only chance IMO is if KP drops approval just before caretaker mode kicks in just to annoy Albo and Zali.
So, I am really looking forward to hearing what the farmin relates to and considering it on it's merits. The quantum of the commitment will no doubt be a focus for a lot people, well, one in particular. BPH has $8M and a little jump back to $0.05 puts $5M worth of options back in the money (I had written these off if election is in May 2022). So I am looking forward to seeing what the next chapter looks like.
Ann: Investor Webinar, page-33
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Last
1.2¢ |
Change
-0.001(4.00%) |
Mkt cap ! $14.60M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $6.688K | 550.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 6489956 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1046596 | 6 |
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| Last trade - 15.29pm 15/11/2024 (20 minute delay) ? |
| BPH (ASX) Chart |