BUY 0.00% 0.6¢ bounty oil & gas nl

Ann: Trading Halt, page-29

  1. 189 Posts.
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    If things are as bad as you say that they are, then the new holders can always get in at $0.003 if this tanks after the permit is rejected. Without knowing to whom and in which circumstances the CR has arisen, it is impossible to say really what this holds for BUY's outlook as to approval. No doubt those participating in the CR have had much more of an opportunity to gauge whether BUY is optimistic than those of us on the sidelines. If there wasn't some level of optimism, then why would any rationale party plow money into something, that without PEP, isn't going to move anywhere...

    The government has just abandoned a country changing referendum as they are aware that they need to focus on cost of living pressures. Here's a potential project which could have the effect of keeping power prices and ensuring stable energy into the renewables transition, so I'd be very surprised if this doesn't get approval.
 
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