BAS 1.49% 6.6¢ bass oil limited

Let me elaborate on my 4 points from yesterdayGovernment funding...

  1. 590 Posts.
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    Let me elaborate on my 4 points from yesterday

    Government funding - there will be a gas shortage in Australia really soon. The gas at kiwi is set up really well to meet that demand. So if the government wants it they have to fund it for the pipelines.

    Santos buyout - we have a share of information agreement with santos who is next door to our pel 182. They are a huge company that will buy us out if they like what they see.

    Oil price sky-rocket- if Israel attack Iran's oil infrastructure and Iran closes the Strait of Hormuz (where all the oil from the Middle East comes) price will go up.


    Monetisation of kiwi - Tino already said that's the next thing they are working on for the next 6 to 12 months. Once we start making agreements I.e. contracts for what's in the ground share price will sky rocket.

    Any of these things can make the share price explode.

    https://hotcopper.com.au/data/attachments/6520/6520472-f69e565e27b4dd794ee2e7d364b1fe56.jpg
    Last edited by el mariachi: 09/10/24
 
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