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11.3%

7.1¢ bass oil limited

Ann: PEL 182 - Results of SLB Geomechanical Study, page-51

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GODS BROKER

10,201 Posts.

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17/09/24

02:18

Post #: 75701218
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Originally posted by DifficultLife10: ↑

Yer, I don't think it is over yet. I keep reading the announcement and I don't believe it is a duster at all. Why would you proceed with Phase 2?

The announcement has very little information and no timeline on next steps. I find the wording a little confusing:

Unnecessary to do the Rapid Resource Assessment because they have plenty of 'sweet spots'?
If they are still scoping Phase 2, then an announcement in time for the options is unlikely.

From the operation update last week:

Awfully confusing and I think Tino may have had one to many over the weekend...this doesn't seem to be an announcement you would release to the market with only 1-2 weeks to go for the options. Tino can't be that blind...and the fact they have had this for almost a month 'in circulation'.

Expand

Exactly DL10, we shall now wait for Wednesday now and see what Tino says on plans moving forward at the Good Oil conference, as it should be live streamed and presented on YouTube imo, with hopefully some probable financial calculations presented around Pel182 and Kiwi 1, as I feel that was lacking from todays Pel182 announcement to brief the market fully atm.

GLTAH

BAS Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
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