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BAS compared to 88E, page-8

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hanna911

1,014 Posts.

20

05/10/17

01:24

Post #: 27668526
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Originally posted by Rhodesy ↑

Cheers for the bass heads up!
Please correct me if im wrong
Is the correct market cap for bas 13.4 million with around 2.24 billion shares/options?
And at an estimated upgrade of 1000 bopd, wouldn't it take around 4 years to extract all 2p proven and possible with a total net profit of roughly 9.1 million or 55% of production at todays poo less costs to bass?
I am new to this but it still looks good compared to some of the crap I have wasted money on.
Though i still think 88e will rise it has been a real dog for me and i believe IMHO they pre planed winter shut in without full disclosure but i cannot for the life of me understand why.

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bas has 2.3 bill shares and 386 mil oppies

BAS Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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