BAS 4.55% 10.5¢ bass oil limited

At $25m MCAP BAS is a steal atm imo. 1TCF is usually valued at...

  1. 10,082 Posts.
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    At $25m MCAP BAS is a steal atm imo. 1TCF is usually valued at $1 Billion plus minus . While this is still early days value can’t be denied at current MCAP , BAS will easily continue to move north on any presented news from STO on their progress from their side of our nearology fence in SA, and maybe even a potential take over.

    If Santos is progressing and spending money on the discovery on their side with commercialisation efforts, they will surely have interest to take the Big Boy next door out PEL 182 from BAS, it's only a matter of time imo


    Based on other oil and gas explorers with multi-TCF Natural Gas potential and BAS potentially from recent reports targeting 26TCF in SA , BAS will sit comfortably on a $100-150M Market Cap in the ST future as news of progress is firmed up imo, and that’s exactly what I have been a
    ctively buying BAS for again, and that’s the ST potential that is about to be presented by head office to market over the coming month $$$$$

    Bring it on Tino $$$$$


    https://hotcopper.com.au/data/attachments/6295/6295603-19eefd43bef1cddc2a9a0e51521ec2af.jpg
 
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