BPH 0.00% 1.2¢ bph energy ltd

BPH was worth $100M last time on drilling. They had 23% Advent....

  1. 722 Posts.
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    BPH was worth $100M last time on drilling. They had 23% Advent. Gas price was $5.
    Now they have 36% Advent and gas price is $12.
    Same value is $156M / 27c this time.


    https://hotcopper.com.au/data/attachments/2438/2438034-a8f161cf18d2899c53f5806057bdc58a.jpg

    maybe its worth
    1/3 on nopta $52M 9c
    2/3 on rig $104M 18c
    3/3 on drilling $156M 27c
    If Advent can drill PEP11 BPH could go up minimum 10 bags.
 
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