Just thought to share a brief research on BPH Energy projects,...

Just thought to share a brief research on BPH Energy projects, potential and value proposition. In my opinion Company is undervalued at these levels given the company’s current operations and growth potential.

Shares (After Consolidation): BPH

Shares on Issue: 334 million

Market Cap: $2.98 million

Current Share Price: 0.008

Highest Share Price: 0.02

Lowest Share Price: 0.007

Unlisted Options

Total unlisted options are 76 million at various exercise prices and expiry dates

Cash Position

Cash in bank (31/3/20): $96K

Quarterly cash burn: Approx. $115K

Small Borrowing: $121K (Including $88K owing by a subsidiary. The balance is unsecured and interest free)

Recent cap raises

$333,600 through the issue of 37,066,666 new shares at $0.009 (12 % premium of last 5 days of VWAP)

Company Overview

BPH Energy Ltd (ASX:BPH) holds investments in four companies:

1- Advent Energy Ltd (22.6%)

2- Cortical Dynamics (4.39%)

3- Molecular Discovery Systems (20%)4- Patagonia Genetics Pty Ltd (10%)
4- Patagonia Genetics Pty Ltd (10%)





Current Project Status
Current project status or updates can be seen from the Company's quarterly announcement
https://www.asx.com.au/asxpdf/20200521/pdf/44j0f9xv33ynkd.pdf

Good luck to all.

Disclosure: I hold BPH shares and above screenshots are from Everblue Capital research document released on 29 Nov. 2020

All in my opinion and research, As always please do your own research.