BAS 8.75% 7.3¢ bass oil limited

this is just the beginning of a market wake up to what sort of...

  1. 27,743 Posts.
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    this is just the beginning of a market wake up to what sort of potential we have, in the same formations that Santos re - Bean bush 3.

    Its not a question of whether this is huge, massive Ms, or gargantuan Bs, its what the market places on us, being in the same formations as Santos. And a wake up, that the value will either come onto our mc by either us or jv or by Santos doing the work next door on an inferred basis.

    The market is only just discovering our cooper basin assets. From 10m mc, no wonder we get a speeding ticket.
    But the speculative value is much higher imo.

    Those that are getting out , are leaving, just as the market discovers the change in material nature that we have added with cooper basin. They provide the entry liquidity for new position takers.

    Natural volatility will occur, when a market displaces the incumbent registry, with understanding of a new paradigm.

    Indo oil V cooper basin.
 
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