BPT 1.02% $1.49 beach energy limited

bpt - conservative reporting , page-6

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    COE would need to be very cheap for a TO as Pel92 is on the matue side. although I think it will still keep delivering new fields COE only has 25% so to BID for this they would be paying avery hifg price is BPT dont like doing. compate the takeover of impress which got them 40% of 2 underexplored permits that within weeks of To completion had 2 p reserves of 3.1 million and they paid about under 90 million
 
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