BAS
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1.28% 7.9¢ bass oil limited

Ann: Announcement to Option holders, page-42

  1. Babysaurus
    120 Posts.
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    06/05/21
    22:00
    Post #: 53000670
    Hi ricky99,

    Thanks for this, I just found out myself about DMO.
    Apparently after researching about this, it's about a maximum of 25%.
    Also the price from my research is about US $48 per barrel in year 2018.
    You may read from these posts (one of the articles is written in Indonesian) and correct me if I'm wrong about the price:
    https://www.thejakartapost.com/news/2018/05/04/government-cancels-planned-dmo-on-oil-says-official.html
    https://industri.kontan.co.id/news/kontraktor-migas-tolak-patokan-harga-dmo

    Also this is what I get from BAS announcements. They are still making positive cash flows.
    Quarterly report period ending March 2021:
    https://hotcopper.com.au/data/attachments/3156/3156431-7ac5295252a382a6e7db5cd0e9cd7cc7.jpg https://hotcopper.com.au/data/attachments/3156/3156436-2dff35fabc7f76f931194d1444790284.jpg
    BAS Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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