BAS 1.28% 7.9¢ bass oil limited

Ann: Onshore Indonesian Oil Operations Update - February 2020, page-7

  1. 1,814 Posts.
    lightbulb Created with Sketch. 239
    I really do love your optimism however, BAS has been full of promises for years and unfortunately fails to deliver time after time.

    - Always production issues
    - Always a broken machinery item or plant in repair excuse
    - Always a promise of an acquisition (which by the way, how the hell do they plan to fund)
    - Continue to state they produce at $20 per barrel which they DO NOT produce at this cost.

    Bass is a tale of broken dreams, struggling to scrap by unfortunately.

    The current share price is exactly where it should be IMO.
 
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