To put into context the condensate is 200,000 barrels for every 1BCF. That is $12 Million per BCF at conservative $60 barrel (not including the gas). They are talking 5 BCF up to 11BCF. So 1 to 2 million barrels ($60 to $120 million). Again none of this includes the gas! Multiple targets in the same area, and Pel 182.
How this hasn't cracked $100 million market cap is anyone guess. No selling for me, i'm in for long haul now! Santos will be sniffing IMHO
BAS Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
