I picked up on licensing language used and my first thought was, this is 3rd preference of the BOD and discussions, even at an informal level are indicating this what BP are interested in doing.
Initial upfront cost for BP is significantly reduced, progress and royalty payments down the line on further success.
Not as big an instant hit to SP as a buyout or takeover but it is a revenue stream as long as successful progress continues.
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Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $97.07M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.4¢ | 1.1¢ | $625.7K | 50.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 5795292 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 3258567 | 9 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |