BPH 7.69% 1.2¢ bph energy ltd

Advent takes out insurance with new NOPTA application, page-20

  1. 335 Posts.
    lightbulb Created with Sketch. 74
    It might be a nice little bureaucratic workaround.

    For reasons that are consistently speculated, we still don't really know the main factor of the delay of the current PEP application.

    What was proposed today, appears to be an approach to lower the threshold that approval requires. Simply put,

    - Only requesting an extension drilling that equates to 13/2/2021 to 12/2/22 for the purpose of drilling
    - Claim Force Majeure, which the government has already confirmed
    - Remove the variation to the application, i assume the seismic testing (interesting to see if that was a sticking point)

    Knowing bureaucratic red tape all too well, it wouldn't surprise me if it avoided a legislative red flag somewhere which was our main issue and what they have been struggling to overcome.

    I hope anyway!

    https://hotcopper.com.au/data/attachments/2876/2876568-d09ea1405f91dd37d1f98424d0514236.jpg
 
watchlist Created with Sketch. Add BPH (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $14.60M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $4.496K 374.7K

Buyers (Bids)

No. Vol. Price($)
6 529483 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 1620833 12
View Market Depth
Last trade - 11.58am 03/10/2024 (20 minute delay) ?
BPH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.