BAS 3.80% 7.6¢ bass oil limited

Ann: Bass Logs Record Production in November, page-30

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  1. 622 Posts.
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    Hi Saltbus, thx for that, sorry I wasn't able to give you credit for that good work!
    In general, I'm a lot more comfortable now with the outcome of Bunion 5 being successful, but key to real success will lie in the quality of deals that Tino can strike for us. It's encouraging that he seems excited and confident about the prospects.
    Overall so far he has delivered, albeit it is slow going in Indonesia's fiscal environment :-(

    I see that there have been questions on the board regarding consolidation. I'd suspect that once we are established with consistently good monthly income figures and the share price has responded accordingly, then Bas will take the opportunity to tighten up the share registry, maybe on a 1:10 basis?
    Consolidation time is always a bit nervy, but if/when it comes, hopefully by then we will be recognised as a profitable, quality operation and the share price won't dip.


 
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