If this is accurate, then BAS could very soon be re-rated. Just a quick look reveals the following outlook:
1. Seismic done. 2. Report on the seismic work due any day. Part of this report will look at Windermere - a site where we have already seen some oil discovered in the past. 3. Apache ride in and agree to fund a well very soon. BAS quickly ran to 5c earlier this year on no news at all. Once we have something definite in regards to drilling, then BAS could quickly take off again.
Here's hoping!!!
BAS Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
