Who sees this as being one of the biggest thuds to be hitting the oily pennies in 2025 once reality hits the SP especially and essentially MMR currently rolling with a just short of 10m MCAP,
if MMR was half current MCAP it would be overvalued in current Aussie oily penny market, it’s basically a shell company now MMR with a heart monitor on it holding the PDF afloat now that Pep11 has been officially denied by the NSW State and Federal Government of Australia.
BPH is getting beaten back to reality weekly atm at 0.009 and facing towards an existence moving forward in a World without a Pep11 exploration licence for Advent.
BPH should settle around 0.006 in the next month or so imo,
and MMR will find its home at 0.002 when DB does the incoming raise to Soph’s now Pep11 is denied, and MMR needing to fund a new project a Cap Raise to keep the PDF alive and also avoid suspension imo in the ST crew !!!!
(20min delay)