BPH 5.00% 2.1¢ bph energy ltd

If BPH gets a bigger percentage in Pep 11 are they expected to...

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    If BPH gets a bigger percentage in Pep 11 are they expected to fund a higher percentage when they start drilling?

    eg. If drilling will cost 20 million dollars, will BPH have to fund 36% of the 20 million because they own this much?


    if so then BPH will need at least another $7,200,000 to fund their sharer of the drilling which is 36%.


    what do you guys think is this correct or will we be giving away some of our holdings percentage to fund the drilling?
    Last edited by Mr Heman: 24/07/20
 
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