El m,
Forget the plan. If this comes in good, 700 bopd or better the sp is going up and I want to buy more.
The results will speak for themselves, a steady rise is much better than having all the day traders come in and much around with the sp.
I think at 700 bopd which would double the oil production, make the company very profitable will triple the share price once we turnover a few hundred million shares.
With good news we don’t need any schemes. The highest turnover and a doubling of the share price and production is all the advertising we will need.
The reason that the current share price as not gone up is we have had lots of talk but no production results.
In Bunian terms two strata with 5 metre oil pay each is very good, in more general wider appreciation 10 metre oil pay is a bit pathetic. An extra 700 bopd for a $5/6M company with more wells to drill is extraordinary.
Just hope for a great flow rate and all else will flow on in due course.
Exciting times.
Saltbus
BAS Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
