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6.6¢ bass oil limited

Ann: Onshore Indonesian Oil Operations Update - December 2021, page-4

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GRUNT2FACE

3,568 Posts.

469

13/01/22

10:25

Post #: 58826983
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Originally posted by Perth Red: ↑

Yes and no.

"The Cooper basin acquisition announced on 12 July 2021 is progressing to completion" - Remains the same. Expect news soon, as we have been for a while.
"Approvals have been granted, procurement is ongoing and earthworks are to commence shortly for the drilling of the Tangai 5 well, scheduled to start at the end of March 2022" - We now have a date and further concrete progress. Although noting procurement is still ongoing so any dates more a wishlist.

Still remain quietly confident but as with yourself, frustrated with timelines.

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totally agree mate.

great we have time line but now why keep your money invested here if not much is going to happen before late march?

unless this acquisition comes along very shortly and has some surprising news I think we could be stuck here for a while.

again just my thoughts and hoping I am completely wrong of course haha.

BAS Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
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