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4.11% 7.0¢ bass oil limited

General discussion thread, page-1043

  1. Wado87
    3,632 Posts.
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    09/02/23
    14:44
    Post #: 66159865
    Thanks. I'm trying to do further research here regarding risk- Beanbush... successfully side tracked, 600m horizontal lateral drilling above coal formation, 8 stages successfully executed, results from well incorporated into Deep Coal appraisal plans....

    21TCF of potential gas in place along with 845 million barrels of condensate...100% owned.

    what are the actual risks here? Recovery rate? Even x1 TCF is pretty huge... also 8 stages successfully executed.. why 8? Are STO THAT keen? Do they need 8?

    Whet is the actual risk here? Looks fairly decent bet at this point, or, maybe as a layman I don't fully understand the risk? Love some insight please
    BAS Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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