Found my way to BPH because I was researching oil stocks and then saw BUY's Advent / PEP11 project.
This recent oil price drop is capitulation and the Saudis and Russians are just posturing before a deal.
Oil at $15/bl will ruin many countries balances sheets and create wars. There will be negotiations very soon.
Why over produce when you can mediate and get it back to a healthy $50-60 or higher
The oil price has rallied 50% in the last week alone.
I went incredibly leveraged long CTX, STO,WOR and couple others last week This will be resolved and oil will be above $40/bl in the next 2 weeks.
Had a good read of their projects over the weekend. BUY have 15% in the well by the looks, BPH has 23% in the holding company with additional wells.
It states they have 4.7TCF of gas at a 50% confidence level. Given how close it is to the mainland and the size of the potential resource this is quite remarkable. How is this only a $3M market cap. I only bought a small amount as I am still trying to work out why this is so cheap.
- Forums
- ASX - By Stock
- BPH
- Big news for Advent and PEP11
Big news for Advent and PEP11, page-143
-
- There are more pages in this discussion • 115 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BPH (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.7¢ |
Change
0.006(28.6%) |
Mkt cap ! $29.63M |
Open | High | Low | Value | Volume |
2.1¢ | 2.7¢ | 2.1¢ | $459.7K | 19.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2340000 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 795359 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 2340000 | 0.026 |
9 | 2163230 | 0.025 |
4 | 1522936 | 0.024 |
4 | 560000 | 0.023 |
5 | 2306510 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 356359 | 1 |
0.028 | 1821581 | 4 |
0.029 | 601000 | 2 |
0.030 | 1136200 | 6 |
0.031 | 837500 | 3 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
2.6¢ |
  |
Change
0.006 ( 30.0 %) |
|||
Open | High | Low | Volume | ||
2.1¢ | 2.7¢ | 2.1¢ | 10657410 | ||
Last updated 15.59pm 02/05/2024 ? |
Featured News
BPH (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online