I have done these same maths a million different ways and quietly confident BAS not only has the goods but is the real deal.
production is at WTI Crude prices from what I can see so far so only difference is that in your findings.
Tino in the video presentation for RIU good oil conference seems to be busting at the seems he gives the information in pieces that I needed to hear.
600bopd x 30 x $75WTI x 3 months = 4,050,000 : 55% interest to BAS = $2,227,500 plus 25 percent for conservative USD
That's 2,784,275AUD per quarter.
Thats only the beginning Mr Tino also mentions new well or wells should more than double production lets be conservative again and just say double and adding both new wells, that means first quarter 2019 we could be $5,568,750AUD to BAS per quarter.
thats without mentioning the multiple future acquisitions of oil fields with upside of 10milllion barrels of oil recoverable by BAS per fIeld but no Idea open partner percentages.
I have always believed In oil and the recovery in
the oil price has placed BAS in the perfect position to capitalise. great future plannIng by the current management team.
as always my opinions only and never advice but wouldn't It be nice If last months production was also the highest ever to also give the options a chance.
GLOTH and BAS
- Forums
- ASX - By Stock
- Free cashflow $7.4Mpa,MC $7.8M !!!!!!!!!!!!!!!
I have done these same maths a million different ways and...
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
Add BAS (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.6¢ |
Change
-0.003(3.80%) |
Mkt cap ! $22.07M |
Open | High | Low | Value | Volume |
8.2¢ | 8.2¢ | 7.5¢ | $16.88K | 224.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22678 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 34006 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22678 | 0.076 |
2 | 117613 | 0.075 |
1 | 13513 | 0.074 |
2 | 60000 | 0.073 |
2 | 202324 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 120000 | 1 |
0.081 | 178264 | 2 |
0.082 | 367502 | 3 |
0.084 | 60975 | 1 |
0.085 | 150000 | 1 |
Last trade - 15.34pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
BAS (ASX) Chart |