BAS 10.8% 8.2¢ bass oil limited

Ann: Bunian-5 Testing Complete - Now Set to Commence Production, page-36

  1. 60 Posts.
    Oil price is really not the point here... it was .002 at lower prices and just not viable profit wise. At those low prices which we will surely see again, as Saudi/Iran crisis's come and go, it's the doubling of production that should have seen a bump. I'm still waiting for the quarterly.
    Any temporary increase to the average price per barrel is only a temp bonus. As far as I'm concerned it's the increased volume to long-term price average followed by consultancy that will make this stock come out of it's coma...
 
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