BPH 3.85% 1.3¢ bph energy ltd

The Final Countdown, page-10

  1. 6,605 Posts.
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    These are the conditions of the current permit, they don't want to do the 3d scan because BUY wants too much % of the company for payment for the scans. Also even if they had to do the 3D scan, it would only be $3.5million, probably worth it anyway, since they will need to move their drilling hole eventually. But if they can get away with it for the first hole, they have so much more leverage for that later. But it doesn't sound like the conditions will be make it much less "lucrative" as you suggest.
    Last edited by Flambeau: 06/08/20
 
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