BAS 4.29% 7.3¢ bass oil limited

Well and truly DL10, the MCAP to EV is completely out of whack...

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  1. 10,295 Posts.
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    Well and truly DL10, the MCAP to EV is completely out of whack now in Bass Oil, our MCAP is currently 27m at a10cent SP BAS:ASX.

    The Potential EV on a 21TCF Natural Gas resource is incredible for Pel182, but for a example of net worth to BAS Pel182 tenement is since inception Bass Strait Natural Gas reserves have delivered around 6TCF of Natural Gas only to the Australian Energy market since the 1960,s, worth 10,s of billions of dollars.

    So even on a P10 of 2.1 TCF Natural Gas reserves Pel182 is worth many Billions of dollars to Bass Oil MCAP, and moving forward on release of the Pel182 report to market on Spec alone is worthy of over a 100m MCAP for Bass Oil currently and once the market picks up on the opportunity fully in BAS: ASX currently against oily penny peers on the ASX.

    BAS potential dwarfs NWE of a recent comparison in the sector, and we all know what a earner that was for all us shareholders in 2022/23 &$$$$$

    Lets Go Bass oil huge week ahead for Shareholders as our story pans out atm imo $$$$

    GLTAH



    FYI crew

    https://www.investopedia.com/terms/t/trillion-cubic-feet.asp#:~:text=Key%20Takeaways,of%20a%20British%20thermal%20unit.


    https://hotcopper.com.au/data/attachments/6414/6414694-948a7f9db57973ae0cf4e3f0cb774011.jpg
 
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