The amount of peeps on BPH and BUY is simply staggering FXm and it’s because of a 6tcf gas field so close to the east coast of Australia and the riches that can provide holders of Pep11 partners once approved for exploration in the ST, it’s actually insane that Australia’s Commonwealth government isn’t trying to fast track it with the royalties that could be achieved off it, after all the Commenwealth need all they can get atm to keep a lid on our 1 Trillion Dollar debt we all have, and with out O&G and coal royalties you could of kissed tonight’s budget surplus goodbye that’s a fact and Albanese and crew know it all to well tonight and the head kicks of inflation haven’t even started to be felt yet in the economy, the cold winds of inflation will really hit home in 2024 and with out exploration we are actually going backwards and Albanese especially don’t want that with what they are going to have to come up with in the next budget, kiss any surplus goodbye for a long time to come imo Resources O&G is Australia’s only hope to fund the incredibly costly road to renewables in infrastructure alone over the remainder of this century and the Government simply can not ignore the lucky country’s gift that feeds us any longer or we will all be stuffed.
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