BAS 4.55% 10.5¢ bass oil limited

Bass oil looking Good for Future, page-81

  1. 622 Posts.
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    Accumulated a few more today

    A lot of, if this, if that, still to play out and this is something we all appreciate, but if the pieces all fall into place it will be mega, in my opinion.

    But so far a good rise in oil prices underpins our activities.

    Now if we can see the optimisation programme kicking in to the levels suggested by management and then on the broader front at the end of this month, Opec extend their quotas through to the end of 2018, then we should have a great background for all our other activities. I'm thinking particularly of our drilling programme and a shrewd acquisition or joint venture.

    So within a week an operations update
    At the end of the month the Opec decision

    We've only a few weeks before the oppies expire and I'm sure if things continue to go well on all fronts then oppie holders will not want to miss out on that free piggy back option and will convert.

    So to me, (admittedly unashamedly bullish) things are set fair if the above fall into place.

    And of course at any time an announcement on an acquisition or joint venture could drop in our laps.

    So we wait and hopefully start ticking off the boxes
 
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