BAS 2.78% 7.4¢ bass oil limited

Tough question. In the half yearly update announcement it said...

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    Tough question. In the half yearly update announcement it said with all of the development opportunities ... acquisitions, drilling etc the aim is for BAS to be a mid tier/junior asx oil producer of 2000 - 5000 boepd.

    so if you take the mid point of 3500 boepd, that's 5x current production, so one might expect the share price to be at least 1c when this occurs not sure of the timeline on it all but I'd expect it would be within 12 months
    Last edited by Fergus76: 17/09/19
 
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