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fin review today, page-7

  1. 237 Posts.
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    Honest wrong button push, but have you back now Jake0002. From your earlier post on bpt monthly drill report they are very quick to point out PEL218 is now 100% BPT. No mention of drilling the shallower sections of 218 and no mention of 855.
    218 is enough to keep bpt busy proving up their basin gas theories and eventually attracting a j/v partner.
    Until that time bpt will do only what it has to in 855 to satisfy icn and bpts agreement and will hang icn out to dry cause bpt know that icn have high overheads,no incme flow, little cash and no significant finds on the horizon.
    BPT being the neighbour from hell that they are(wanting every thing they buy for nothing, and top dollar for every thing they sell) will move on icn ( in a ade style ) cause they want 855 100% as well. Until that time our share price will be manipulated down for obvious reasons. Its not as though our high paid directors are jumping over themselves to buy or support the share price which does not pump you full of confidence. These are my thoughts on the situation anyway. Good luck, looks like we need it.
 
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