BAS
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3.80% 7.6¢ bass oil limited

Free cashflow $7.4Mpa,MC $7.8M !!!!!!!!!!!!!!!, page-7

  1. sydneysider
    4,768 Posts.
    lightbulb Created with Sketch. 1022
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    11/10/18
    21:51
    Post #: 36092777
    UPDATED on 90 days going forward 28,185 bbls x US$73.50 = US$2,071,598 / A$2,900,237
    So EBITDA / free cash is currently A$1,713,327.
    Annualized is A$6,852,949.
    MINIMUM UPSIDE is 3x - 6x 0.4 cents = 1.2 - 2.4 cents per share on oil production hitting these performance goals. Fresh drilling which doubles current production puts BAS in 2.0 - 4.0 cents per share zone. Will become one of the best performing oil stocks on ASX in next 12 months.
    BAS Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 6  Great analysis
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7.6¢ 		Change
-0.003(3.80%) 		Mkt cap ! $22.07M
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