I reckon we are a half a chance at cheap government loanThe...

I reckon we are a half a chance at cheap government loan

The governement have mentioned it in their covid plan as others point out

https://www.abc.net.au/news/2020-05-21/leaked-national-covid-commission-gas-manufacturing-report/12269100

The draft plans, obtained by the ABC, call for the scrapping of "green and red tape" on gas development, including a relaxation of Australian standards for equipment used in gas infrastructure and a loosening of environmental regulations and approval processes.

The taskforce says the Government should be "taking a non-operating equity position, minority share, or underwriting position" in gas projects and "provide support, such as low-cost capital, to existing small and mid-cap market participants".

New gas ventures that meet state-based environmental standards would be exempt from the need to gain federal environmental approvals under the Environment Protection and Biodiversity Act if the recommendations of the commission and taskforce are adopted.

PEP11 looking pretty bloody good to me this time.
- BPH starting off from a $7M market cap this run.
- Gas prices are way higher.
- Government so desperate for gas its fast tracking projects and making finance available too

No ramps needed. It went to over $100M valuation last time.
It's starting again in better conditions at $7M.
People can do their own risk vs rewards