BPH 9.09% 2.0¢ bph energy ltd

Data analysis on expected date of final approval

  1. 329 Posts.
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    First of all,thanks to @Flambeau to post the timing schedule of joint authority for decision.as we knew 8 weeks are the maximum time to get approval.let us look deeply into the days on screens sector.every time the processing status changed,the processing days on screen sector would be reset to zero.till now,Nopta confirmed further informations received on the 13 days after lodgment.then Nopta started to screen all the documents.now Nopta already spent 9 days on screening.


    Now we moving to next groups of data


    Screening Day/times to get approval

    1/5

    2/2

    3/3

    4/1

    5/0

    6/6

    7/1

    8/2

    9/1

    10/4 second most likely to get approved

    11/1

    12/1

    13/1 Friday,most likely to get approved

    14/0

    15/1


    Those were the data I collected from Noptas recent 43 approvals from 27/3/2020 to 7/9/2020.all of those approvals were under extension,exemption,variation and exploration sector which included exploration permits,pipeline licenses and retention leases.


    For example,we can clearly see that 5 approvals were confirmed after 1 day screens.6 approvals were confirmed after 6 days of screening.now,for PEP-11,it might hit the next high possibility date after screening which is on 10th day (8/9/2020).if this coming Tuesday is not the date we want,then as I mentioned before,Friday is the most likely date to get approved when we checked the recent three months of approvals.therefore,this coming Friday(11/9/2020)would be the next expected date to get approval.


    When we search how many pending approvals were under screening,the result tell us only two applications were ahead of PEP-11,which are EPP41,42 (13 days of screening),VIC/PL8,21,24,25,28,29(14 days of screening).those applications were just one week ahead of us to be lodged in 2019.at the worst case,if we can not get approval on 8/9/2020 or 11/9/2020,then those applications get approval before PEP-11 would give us more confidences that we would be the next one to get approval.


    Thanks for shaking out day traders,now let us hold tight every single share until 15/9/2020.long term holders deserve massive rewards.finger crossed for the coming week.


    DYOR,the predictions of expected date of approval were all based on historical data.


    see you guys at minimum 10c party thread


    https://hotcopper.com.au/data/attachments/2450/2450319-0315b106f7397f9d1e8fcff8f8ff1777.jpg
 
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