Santos want Narrabri approved.
$3.6Bn in capex. 850 coal seam wells drilled. 95,000Ha of grazing land and forest taken over.
https://www.theguardian.com/australia-news/2020/jun/12/santos-narrabri-gas-project-formally-backed-by-nsw-government
It has government support. Compared to PEP11 which is 1 hole in Baleen and $20 to $30Min.
Santos don't make the smartest of decisions. There is countless stories of majors letting deposits go for nothing and juniors later making major discoveries. I've experienced plenty in my time.
Give Advent 6 months and see where they are at. No one can say BPH is overvalued at the moment.
BPH vs BUY Disparity, page-102
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Last
2.1¢ |
Change
0.002(10.5%) |
Mkt cap ! $24.09M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $74.36K | 3.717M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 825986 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 2014404 | 13 |
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