BPH (ASX) PEP 11 comments for posting on Political Debate site

Originally posted by PhantomGWW: ↑

This BPH thread not meant to be prolonged.. Will be posted on the 'Political Debate' site -with time-date posted here later.
Oked by GB for me to take one of his postings. I have made some amendments/aqdditions to fit my wording and thoughts.
Some of my comments may be repeated- I make no apologies--- they NEED TO BE?

Any comments before I post tomorrow :- Thanks
-------------------------------------------------------------------

In my opinion - this just adds 100% to the hypocrisy of this current Government- and bordering on:-
'treason' -- the action of betraying someone (the Australian People) or something (development of a foreign asset before an Australian asset of same/similar nature ) .
This Australian Govt., is to take a stake in a Timor gas development ahead of an Australian project detailed below.

CURRENT GOV's APPARENT or CLEAR- DOUBLE STANDARDS and HYPOCRACY .
1 At The Moment Blatantly Apparent. Australia's recent offer to fast-track the Greater Sunrise offshore gas project in Timor-Leste......
Click on-Greater Sunrise development between East Timor and Australia (nsenergybusiness.com)
2.Coupled with its prolonged stalling of approval for 1 drill onPEP11 GASLease(not oil spewed misinformation by some of the minority protestors ) It is appx 29klms offshore Newcastle.
3.TIMOR -A said multi-billion-dollar lifeline extended to Timor-Leste for the Greater Sunrise gas project,
promising expedited approvals and support, which stands in stark contrast to the bureaucratic hurdles faced by
AN AUSTRALIAN DOMESTIC PROJECT--to be FUNDED WITHOUT $1 of TAXPAYER MONEY.
GO FIGURE THE P.M.Is he saying ? - -STUFF YOU AUSSIES - OVERSEAS DEVELOPMENTS FIRST ?

AUSTRALIA..While the Albanese and the ALP are Stalling PEP11 approval for an Aussie investor base, privately funded to help back Australia’s future driven Transitional to renewables Natural Gas Energy Sector.PEP11 has NOW become blatant political meddling for instilled political gains? The project Court approved since Scott Morrison blocked it.
Note 1- no further Seismic testing needed on the lease ( completed and never any reported damage to seabed on its completion- another hot air bubble by a small bunch of screaming 'active uninformed protestors'. The gullible 'follow a leader' syndrome?
- appears gas has been seeping from the sea bed of the proposed drill target, for many decades .
- 1 small drill said to be no bigger than a small coffee table
- Should gas be discovered and in quantity it may quickly solve all of NSW's gas problems and maybe OZ's looming lack of gas. It can be easily transported to shore via pipe(s). The project speculative- yes- yet many positives point to a hopeful success. One must be positive..
-Little, if any, environmental problems. But no doubt, from under rocks will protestors alight.....again with misinformation.
Note 2It will cost taxpayers $0 and could save/add to $billions to OZ businesses. Even boost Government coffers ??

Of interest:-
Note 3-Zaly Steggles an habitual campaigner to 'Stop PEP 11' - who should have been banished from parliament . Why:--Said to havetaken a $100k+ donation from a Coal Baron for her Campaign to join Parliament (?) Split the donation under the allowed $ donation cap, to avoid detection ?? My opinion at the donation time ----'Deliberate Deception to Aust Peoples'
Do not believe this - then you check it yourself.Are some Politicians beyond their own LAWS/REGULATIONS ?
Click- Zali Steggall defends donations from wealthy family with links to coal industry - ABC News
Note 4-In the same area of PEP11 -Chris Bowen wants to plant many windmills -- Double Standards ????Note 5 - All the 'Stop Gas' Stop Oil' activists' cannot -have never been able answered this question:-
'WHAT WILL REPLACE 'GAS' 'OIL' TO ALLOW CONTINUATION OF PRODUCTION OF CURRENT NECESSITIES?'
(eg- tiny number of ITEMS-plastic-pipes-eye glass rims-phones-car inter/exteriors-clothing-shoes-food containers-build materials etc etc etc)

ALL ---PLEASE NOTE :-
CHRIS BOWEN (Climate Change) - MADELINE KING (Energy) Pollies- Have stated (not word perfect)
------We will need gas to transit to 2030 -Zero by 2050.
VICTORIA
----- Oh! Even a Victoria Politician is now bleating ' We need GAS!!!' -What Victoria Nah !!!
----- Just now - Vic approves a gas exploration area - Is it in a world heritage site ? Nah come on ! Yep true - !!
https://www.abc.net.au/news/2024-06-06/victoria-gas-port-campbell-great-ocean-road/103942762
Seems many of our Climate Change Brigade are starting to see the light and gaining a little common sense regarding GAS.. !

OZ's OWN ENERGY SECURITY ???? --Timor proposal should raisequestions about Australia's commitment to fostering its own energy securitywhile engaging in regional co-operation ? The Greater Sunrise project, located in the Timor Sea, has long been a subject of contention between Australia and Timor-Leste. Now, with Australia's sudden eagerness to facilitate its development, one cannot help but wonder about the motivations behind this apparent shift in policy. Can one trust any explanation by the current Administration ???

The following maybe too much for some to read, maybe covered above - but I believe paramount for a basic understanding of PEP11 lease - and possible benefits.

Important :-Is the current Government going to benefit another country ahead of Australia spending taxpayer $$$s over a project costing taxpayers $0. ?PEP11 has been held for many years and the exploration approval (currently awaited) is a lot more than just an exploration permit. It is now becoming a blatant political meddling for instilled political gains.Did Albanese state that his Government, if elected, would carry out political decisions based upon the letter of the law ?(not word for word).Another promise fit for the waste basket and an opportunity/vision for the future regarding possible Pep11 outcomes lost. What would it bring to the future of Australia and all constituents on a successful exploration. Also close to the 'biggest State ' The gas supply of a'possible 6 TCF Natural Gas'and on Par with Timor Lestes Great Sunrise Natural Gas Project ? PEP 11 is at the Back Door of NSW and the largest coal exporting port in the world-- Newcastle. Kill that and how do we pay off our National DEBT ?

In the meantime the PEP11 project remains mired in regulatory uncertainty, and political shenanigans by the current Government and dating back to Scott Morrisons demise when he was PM and subject to Censuring, the first PM in Australia’s history (?). The federal court ordered removal of Scott Morisons decision regarding Pep11 exploration for Natural Gas. Now alas the current Government seems to be like ' the deer in the headlights'.
No approval yet BUT Timor ????????????????????????????????? Yep

And despitethe potentialto bolster domestic energy production and reduce reliance on imports, the Pep11 exploration project faces prolonged delays and regulatory roadblocks. This glaring disparity in Australia's approach to energy development raises questions about the current government's commitment to consistency and fairness in its policies -and Albanese's pre-election promise to 'follow the law??. But first - extend a helping hand to its neighbours !! Australia must not neglect its own energy needs and the potential benefits of domestic projects like PEP11. As Australia seeks to navigate the complexities of energy policy, it must ensure transparency, fairness, and a coherent approach that serves both national interests and regional partnerships. That is not happening now -contrary to benefiting Australia ...................................PEP 11 - 1 DRILL-GAS or NOT? - WHY DELAY - POLITICAL IDEOLOGY or bowing to a MINORITY to the
DETRIMENT of THE MAJORITY ?Thanks for reading............Phantom GWW

Expand

It is plain sabotaging, it should be investigated and crooks jailed.
Never thought it'll happen in country called Australia!

(20min delay)
Last 2.2¢		Change -0.001(4.35%)		Mkt cap ! $25.24M

Open	High	Low	Value	Volume
2.3¢	2.4¢	2.2¢	$98.00K	4.299M

No.	Vol.	Price($)
7	762207	0.022
4	1026190	0.021
7	1370250	0.020
11	1998138	0.019
11	1696058	0.018

Price($)	Vol.	No.
0.023	254942	1
0.024	1162000	4
0.025	1482150	6
0.026	1616153	7
0.027	1314750	4

PEP 11 comments for posting on Political Debate site, page-4

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Bitcoin: Current State of Play & Where to Next | Swyftx

Emerald & Azure score Digger & Dealer awards

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

PEP 11 comments for posting on Political Debate site, page-4

Top Stories

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Bitcoin: Current State of Play & Where to Next | Swyftx

Emerald & Azure score Digger & Dealer awards

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News