BPH 5.26% 1.8¢ bph energy ltd

I said there was give and take for the geographical location, I...

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    I said there was give and take for the geographical location, I admitted that in my post.

    I also said it was probably less expensive than drilling in Australia as we have stricter rules.

    David Breeze was the one that said if it was double the depth it would likely be double the cost, not me. I just calculated the projected drill cost based on what he said and our previous Seaclem drill.

    They never said $25million, I know exactly what you are referring to it was in an interview where David Breeze roughly said it (being Seaclem) was more than $20 odd million and he said this next one would be more than that, when asked about the costs of the next drill. (since you are the one that said it was $25million, the onus is on you to go find that, hint: you won't find it).

    Lol.... please don't rely on the NOPTA estimates given by the company... For example:


    https://hotcopper.com.au/data/attachments/3075/3075831-0ca9e9df1e124652584c4b203b628333.jpg
    When a company submits the NOPTA applications, they price a bare bones drill operation, then when they go to get it done (at the NOPSEMA stage) it costs a lot, lot more. So those NOPTA estimates are bare bones drill feasabilities which can be taken with a grain of salt. So your $30million for 1,800m cannot be trusted.
    Last edited by Flambeau: 09/04/21
 
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