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Keith Pitt has already replied, and said that a decision has not...

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JonnyDexter

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04/03/21

16:23

Post #: 51524189
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Originally posted by Jjw001: ↑

[ Resources Minister Keith Pitt is considering an application to extend the Advent Energy license between Port Stephens and Sydney after it expired last month, but the Prime Minister has explicitly rejected the offer.
Morrison said he did not support the license renewal “quite clearly.”
A local reporter commented at a media conference that his stance would be very pleasing to Port Stephens tourist operators.
“It will make me very happy,” Morrison replied.
“I think that’s the right decision.”
Morrison was asked if he would urge Pitt to make an immediate decision, saying it was a “government-addressed issue.”
“The PEP-11 decision hasn’t been made yet,” Pitt said later Thursday.
“I am grateful that this issue has generated a different opinion than many public debates, but as a decision maker, be careful with your suggestions, taking into account the advice from national offshore oil title administrators and the law in which they were applied. I will consider it. Announcement. “

Advent’s managing director, David Breeze, said Thursday that the extension of the license was “a decision of the minister in charge of the field and we are waiting for that minister’s decision.”
Morrison’s position appears to be at odds with public comment by Pitt and Energy Minister Angus Taylor.
He said exploration training is the size of a “dining room table” and the Australian gas industry is one of the most tightly regulated in the world. ]

https://sydneynewstoday.com/prime-minister-scott-morrison-says-he-does-not-support-a-pep11-gas-exploration-license-off-the-hunter-coast-newcastle-herald/80065/

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Keith Pitt has already replied, and said that a decision has not yet been made and that he has the authority to consider it.

This still seems bullish to me. Some of you might think I am delusional, share price has lost today, lots of investors would have felt it the losses.

Let's hope each of you stick to your strategy. Congratulations to those who have taken profits, and good luck to all!

BPH Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
15 Upvote

0 Great analysis

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Keith Pitt has already replied, and said that a decision has not...

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

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Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Westgold sets its sights on top five producer status through merger with Karora

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Keith Pitt has already replied, and said that a decision has not...

Top Stories

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Featured News

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