BPH 16.7% 1.4¢ bph energy ltd

The BPH Energy Ltd $6.32/share Party, page-2375

  1. 125 Posts.
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    I'd say NOPSEMA approval is the next hurdle. Then they could go for a production license if they aren't already in a JV or bought out.
    But that is a very summarised version of events in a perfect world. But the NOPTA approval is the first real step into getting to a potentially very profitable destination.

    Im just a finance guy and don't have the level of knowledge as some do on this thread. I'm sure flameB has a very detailed explanation on it.
 
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