Hi Bravo
I completely agree!
I have been sitting here biting my tongue - but I cant help myself.
A few posters on the forum seem to think that KP and his government pals are going to hide behind a smoke screen before making the decision. This is silly - as I have said at least once before - KP will broadcast the decision far and wide, expressing whole heartedly that he supports the 'REGIONS - RESOURCES - JOBS'. Not the NIMBY elite who may have a view of the big blue sea, or the "No Way" Greens.
Has anyone thought maybe that once all the tenders are received back and awarded, that is the best time to approve? Ensuring the process is smooth streamlined.
Another point - a lot of the 'traders' here are only looking at the share price. BPH has +$10m cash and a market cap <$45m... for me that is a no brainer to invest. worst case scenario and PEP11 is not approved you lose 75% of your cash (assuming your average is 6.5c). However, if approved we are looking at +600% (40c), and that is prior to drill.
"Think critically, think logically, but do not overthink" - Pratta 2021
Regards
Inspirational Pratta
Hi BravoI completely agree!I have been sitting here biting my...
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Mkt cap ! $24.14M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $83.09K | 3.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 683856 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 2.2¢ | 499499 | 4 |
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| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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| 2.1¢ | 2.2¢ | 2.1¢ | 1327257 | ||
| Last updated 15.51pm 08/05/2024 ? | |||||
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