BPH 10.5% 2.1¢ bph energy ltd

6 months from now, page-18

  1. 7,980 Posts.
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    Flam
    i do not concede anything.

    i have a large position in BPH
    top 20 holder pre consolidation
    which would not have altered on consolidation
    and I’ve taken up my full entitlement in the issue
    so I am very bullish.
    I am not trying to talk it down.

    we both want the well to be be successful
    we are one the same side.

    its just about the probability of success.
    i will manage my holding accordingly and appropriately closer to the drilling.

    i suggest you go back to the original releases from BPH / Advent and
    look at what they say about the probability of the well being successful.
    their probabilities are based on reports and interpretations by qualified
    petrochemical geologists.
    It is very good,
    but not 79%
 
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