@J8 ok bro now I am following you. we are getting there lol
you're saying that BUY will pay their share of the well to keep their 15% but Advent will farm out some of theirs? ok i get you now bro.
But what I'm saying is you never know. Advent might get someone like Santos to come and fund the entire well. That means neither Advent or BUY puts up money but both get diluted. Maybe Santos put up all the well costs for 20%. BUY goes to 12%, Advent goes to 68%. Neither pays any money and gets free drilling.Santos get 20% and funds drilling. You agree on that maths bro?
I'm not the brightest but this is the other reason why i dont think it's a big deal. BPH announce NOPTA and go to 4c. They raise $5M at 3c. That is another 166M shares. Total shares then is 539M. BPH share of well is covered. Advent bring in someone else for the rest.
10c with 539M shares is $53M. Well paid for and no dilution. That is still half what it was worth last time. That is 5 times todays price.
all g to shoot down rampers saying it will 100 bag but don't make people think it can't make a couple at least if all goes to plan bro.
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Last
2.1¢ |
Change
0.002(10.5%) |
Mkt cap ! $24.09M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 2.0¢ | $74.36K | 3.717M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 825986 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 2014404 | 13 |
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No. | Vol. | Price($) |
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3 | 825986 | 0.020 |
8 | 2839451 | 0.019 |
27 | 3755193 | 0.018 |
12 | 1116265 | 0.017 |
3 | 600389 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1689536 | 10 |
0.022 | 982954 | 6 |
0.023 | 1405423 | 5 |
0.024 | 1872500 | 5 |
0.025 | 501320 | 5 |
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