Ann: Quarterly Activities Report & App 5B - December 2020, page-4

Sorry I meant to post this on the Ann thread

At My sons AFL training having a kick, I’m buggerd now ......much easier back in the car now, on my phone with the AC on lol

I need to get fitter

Some good bits in the Ann mainly cut and paste ......not bad though hey for 450k a year the job of updating the market would take what an hour once a quarter .........Looks like Kelso is keeping the real good stuff till after NOPTA is approved, and the SP rally’s hard and he can put out a very glossy presentation up of all our good things with a projected SP of about $2:70 for BUY on PEP11 success, and then he will be able to get away a really nicely priced SPP of about 9 cents when the SP is at 12cents

....... you just watch this will happen it’s all in the timing and he’s good at it, and the numbers will stack up and beyond on a successful drill.

what I did like was this from todays Ann....,

”The Joint Venture will further update the market on the timing of these approvals when detail is available.”

like we have always said it’s a given this NOPTA approval it’s just a pain in the ars how the system works.

Apart from all that though BUY does have some real Meat and Veg in the QLD O&G operations and Kelso should be commended for it, he’s done Ok putting it together over the years, just could of done it a little more civilly IMO but I’m not a O&G CEO and have no wish to be ever

Buy has good cashflow and it has growth and is looking good for 2021 for some nice income and growth potential and a active drilling program of it tenaments, and that certainly helps pays head offices bills and some exploration and drilling costs that’s a lot more than you can say for most oily pennies, and it’s one of the reasons I run with BUY in the PEP11 campaign in 2009 and the reason I am backing BUY in the 2021 Pep11 campaign ...... Because after all that’s what we are all here for in BUY a 15% no argument cut of the Monster Gas field that is PEP11 ..... and the next couple of weeks are going to be amazing something you will be able to tell your grandkids about while your cooking them a nice steak and a snag cooked on a BBQ fueled by PEP11 gas and probably there grandkids will be able to do the same, happy days hey and happy to be a part of it all

$$$$$

Cheers I’m going to have a couple of hundred champagnes now to celabrate what has been a fantastic week.

Buy BUY