Ann: Extension of Voluntary Suspension, page-11

Its probably not the management solely at fault here but also the ASX who are continually frustrating the process of the approval of the submission of business venture(s) of the product(s) with a rotating list of constant questions about the COVID related business, which they are currently overly cautious on any ASX company attempting to exploit the Covid "crisis" bandwagon. Its highly likely that when BPH management and lawyers submit yesterdays answers to the ASX, they are presented with a spate of new and sometimes irrational questions today from the overly pedantic and sometimes irrational beast that is the ASX , further frustrating the process of approval.

When this deal is finally approved by the ASX, many shareholders will be able to wash their hands from this stock and be tested with their patience to hold on hopefully for the NOPTA approval for the big game in town which the approval to explore the PEP-11 permit near Newcastle, which may come if we are lucky within the 30 Day joint authority approval window timeframe which is 7 days as of this post or drag on for a few months with "more information please" from NOPTA ( I actually can see PEP-11 every day I wake up and from my workplace ).

On the plus side of this wait is the extensive Due-Diligence the ASX is doing on behalf of shareholders and prospective shareholders, so when this re-lists again with the Covid Deal, there will be little room for skeptics to pull the deal down , unlike SKN.ax which is now in suspension due to doubts about the products effectiveness and the dubious funding sources.

So like all stakeholders here with BPH's deals at the moment , there is nothing we can do but to have faith in the BPH's lawyers and management and to be very patient as each day goes by as frustrating as it can be in this seemingly endless wait just to get an answer from the ASX.

Some posters here have ironically stated, that by the time the Covid Deal is approved by the ASX, the PEP 11 deal would be approved which would make the Covid deal a small minute reflection to what the potential value is of the potential 6 TCF + gas supply that is highly strategically located to the lucrative and gas starved market of NSW manufacturing zone of the Hunter/Newcastle region. Also as each day goes by with out any release from suspension news , the impact of the Covid Deals will be greatly reduced as the fear factor of the Covid scare has now subsided greatly compared to a month ago where people were desperate for any face mask, hand sanitiser and test kits, whereas now face masks and hand sanitisers are back on the shelves everywhere from Woolworths to Bunnings in abundant supplies. Still the Covid products of face masks, hand sanitisers, test kits ect will be needed in the world of Covid fear of the second wave coming to us, however there is now much more competition and availability of supply of Covid related products today as compared to the scramble for any scarce supply of face masks or hand santizers.