BPH 0.00% 2.2¢ bph energy ltd

Big news for Advent and PEP11, page-183

  1. 3,367 Posts.
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    Sorry Pepper you are right.
    Someone is in there happy to soak whatever comes available at 0.9/1c.
    I have been adding to my position in both this and BUY in bits and pieces
    This is not being recognised as something that holds a 23% interest in up to potentially 5-7TCF of gas, it really isn't so I'm happy to continue buying as they come up. I can't see them not getting the approval to drill this given they have once already. If you do a search of small cap energy companies then review their market caps, how much their wells cost,the potential resource and compare to Advent valuation at $10M it highlights the value. Look like Advent is waiting on the notice from the petro office NOPTA to drill. I expect this is the new the market needs to believe this story.


 
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