Why BPH is a good buy - Original NOPTA Approval Doc, page-74

29/4/2020

At this point in time before Scott Morrison secret portfolio intervention NOPTA had produced only one recommendation for PEP11 - That recommendation was approval.

This document was obtained by Freedom of Information - Only thing was... NOPTA forgot to redact the email attachments when they released to me.

Email from NOPTA to NSW Government (Presumably Federal Minister Keith Pitt email has been redacted).

See attachment "PEP11 - SEV APRVL LTR (ATTACHMENT) docx"

This is undisputable proof from NOPTA that during this time in late April 2020 that NOPTA had produced one recommendation.

That recommendation was approval of PEP11.

In my honest opinion - The Federal Government has been back into the corner and has 2 options.

1. Approve

2. Buy the PEP11 title back off Asset Energy at huge cost to tax payers.

My personal opinion - The East Coast needs gas.
The cost of energy within NSW is absolutely outrageous given the amount of coal that is exported from my home town Newcastle.

NSW needs PEP11
Australian East Coast needs PEP11.

This market cap of $19 million dollars will not last.