BAS 1.47% 6.9¢ bass oil limited

Bruthas (and sistas)BAS is entering an exciting phase in it's...

  1. 434 Posts.
    lightbulb Created with Sketch. 99
    Bruthas (and sistas)
    BAS is entering an exciting phase in it's growth cycle.
    the adding of an extra couple of hundred bopd
    is going to happen possibly in tha next few weeks.
    I wouldn't want to Be a fence sitter when they announce the successful perforations in tha McKinlay zone.
    Plenty of punters will be chasing the SP higher trying to get in.

    The Co is going from profitable to having enough free cash to fund further drilling and being strong enough to negotiate tha JV on PEL 182 favourably for BAS
    As has been said multiple times, many others out there like 88E IVZ and May notnproducing and have MC's much much higher than BAS.
    the federal government has shown it's intention as gas friendly.
    IVZ has sovereign risk so I wouldn't put my money there.
    BAS at 33 million MC is a steal.
    I agree with Steven, tha bottom is in.
    DYOR not a AFSL holder, my thoughts.
 
watchlist Created with Sketch. Add BAS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.