assailed they drilled for gas and missed and it fell back. end of story.
happens on every single resource stock when they miss and run out of money.
looks like Breeze can now raise the money in Advent and have another shot.
Ok this sounds crazy but I don't think BPH will get diluted in Advent.
If the government wants to spend a stupid amount like $6Billion on a pipeline and have already said they'll offer low cost loans then Advent should be first in line. Even you would have to pat management on the back if Advent got a minimal interest loan from the government to drill PEP11. The government gave Qantas $800Miln just so people can fly again. I think they'd loan Advent $20Miln if it means all of NSW can have cheap power.
Even if there is no loan from the government i reckon Advents door is getting knocked on by big parties now.
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