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BrentyD

72 Posts.

5

10/05/18

11:17

Post #: 33005815
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Originally posted by frader ↑

BAS, Bass Oil - Has to be on this list and is less than 1 cent. $2.3mil cash at bank and increasing every quarter as they are cashflow positive. Market cap under $8mil.

They are cashflow positive, now producing 40,000 bopd (net to Bass) and looking to drill their new prospects in the September 2018 quarter which has the potential to substantially increase the producing value of their field.

+ Directors have massive skin in the game holding close to 20% of the issued capital.

This one has been flying under the radar for months and only a matter of time.

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Can't go wrong with bass if you want some good growth over the next year.
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