BPH 1. BPH has double the BUY exposure. 2. MMR directors want a...

BPH

1. BPH has double the BUY exposure.

2. MMR directors want a deal done with Advent. David Breeze is smart. I think he will get MMRs 45% for cheap. Give them money to find new project. That would bring BPH up to 81% of Advent then.

3. Angus Taylor is the minister who signs off NOPTA. Angus Taylor proposing gas led recovery and government investments in gas.

4. Gas price in Newcastle highest in the world.

5. Today's market cap $25M. Comparison to 2010 should be $156M at drilling. 500% away.

6. NOPTA have not rejected any applications in the last 180 days. PGY run 270% on NOPTA approval.