BAS

1.30%

7.8¢ bass oil limited

General discussion thread, page-1672

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Byron

8,649 Posts.

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01/03/23

10:37

Post #: 66532259
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Originally posted by stevenjd: ↑

The markets are psychology .
Fundamentals win the weighing machine long term.
But so many are thrown about like fleas in the storm in the teacup.
Often they fear the other guy will do tomorrow - when they should be tracking the MC V risk off prize x chance of success .

Would you sell this today if tomorrow Santos put $100-250m into our coffers ?
Probably not. But then you calculate the probability. Or the timing.

What about say that third party cash/ or we receive funding to drill a maiden hole, thereby lifting the potential sale value above the 4-10c/ GJ in the above example, compared to a NPV of $2.5B on the low end.

A quick sale in the inferred category Vs drill ourselves and lift to much more value ?
What is the probability that the same field characteristics extend from a line on the map, into our coal seams as well ? And that Santos would like to extend theirs before a competitor JVs with us ?

In the probability matrix all things are in flux, and you have to work out what you perceive is the prize and the probability of the event.

Even to Worrior and Kiwi developments, add value with their own degree of risk.
But as the clock ticks, we draw closer to a trading halt, to any of the above events hatching, dead or alive.

Expand

Can i ask Steve, are we assuming the gas is in the ground your are alluding too? just because its on the other side of the fence so to speak, probability? or just a risk?

BAS Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.8¢		Change 0.001(1.30%)		Mkt cap ! $22.65M

Open	High	Low	Value	Volume
7.6¢	7.8¢	7.6¢	$1.884K	24.20K

Buyers (Bids)

No.	Vol.	Price($)
1	85216	7.5¢

Sellers (Offers)

Price($)	Vol.	No.
7.6¢	10000	1

View Market Depth

No.	Vol.	Price($)
1	85216	0.075
2	61428	0.070
1	15500	0.069
1	10000	0.064
1	70000	0.063

Price($)	Vol.	No.
0.076	10000	1
0.078	24568	2
0.080	8333	1
0.081	42856	1
0.083	70726	1

Last trade - 15.09pm 02/08/2024 (20 minute delay)

BAS (ASX) Chart

General discussion thread, page-1672

GreenX picks up prospective copper project in Germany

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

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Venture to sniff out high-grade REE targets at Jupiter project, WA

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Buyers (Bids)

Sellers (Offers)

Featured News

General discussion thread, page-1672

Top Stories

GreenX picks up prospective copper project in Germany

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

Westgold sets its sights on top five producer status through merger with Karora

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News