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7.8¢ bass oil limited

Ann: Operations Update - October 2023, page-16

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Samyouel

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16/11/23

13:19

Post #: 70939003
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Originally posted by Synergy12: ↑

BAS Operation reports always have an abbreviated bullet point style. I thought the language was quite clear. They are currently working with a global oil service company and preparing a scoping study to identify the potential commercialisation of PEL182. Of course the main factor will be the cost to extract the massive resource. So it makes complete common sense when identifying and creating a scoping study to work with whomever is going to foot the bill. Obviously the company involved will decide whether to go ahead or not when the study proves the project to be viable. How you can twist them exploring this avenue as a negative seems strange. Personally I feel positive that BAS are in the early stages of what will be massive for the company.

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Assuming this is addressed at me? Never said it was negative, just said this 'update' isn't saying anything substantive. People are such sooks in these threads when presented with factual information, it's baffling.

Last edited by Samyouel: 16/11/23

BAS Price at posting: 9.4¢ Sentiment: None Disclosure: Not Held
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