BAS is definitely flying under the radar. A market cap of $10mil and producing 650 BOPD with this set to increase to 750-850 BOPD within weeks.
- They have $2.5mil cash on hand and are cashflow positive.
- Directors hold in excess of 20% of the company so vested interest to see this rise.
- Drilling expected in H2 of this year which will see a material uplift in production and will multi bag the stock.
- Further acquisitions are being assessed and could be announced anytime soon.
