I agree Autosine, takeover talk BY BPT shouldn't be on anyone's agenda at the moment. Sure, a complete out of left field T/O OF BPT could come any day, the world is a very funny place and BPT looks very juicy, albeit far from ripe, yet.
No, ICN, nor BPT, have any hope of going too much further than Halifax-1 and that's why I believe Halifax-1 is so important to both ICN and BPT. IMO, majors know the potential of 218 and 855 (together) and are just letting BPT and ICN spend as much as needed with Halifax-1 with the view to jumping in IF those numbers replicate Encounter and Holdfast in 218.
40% j/vs with those numbers for 218 (BPT) and 20% each from BPT and ICN for 855 will go a very long way towards getting that gas to a GLNG plant quicker than from anywhere else and THAT'S what is required, quantity and speed of delivery. RG wants production in 2013, he can ONLY get that IF he has a big brother.
I agree Autosine, takeover talk BY BPT shouldn't be on anyone's...
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Last
$1.50 |
Change
-0.005(0.33%) |
Mkt cap ! $3.416B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.52 | $1.49 | $4.160M | 2.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 44151 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 196937 | 73 |
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| Last trade - 15.14pm 09/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |