TD 2 Pel182 with Santos Neighbouring is possibly a 26TCF Natural Gas resource with the massive bonus of Copper Basin condensate that Kiwi1 has just bought home at 10x for BAS:ASX, and the Cooper basin is in a prolific Australian Petro Zone in desert country SA with abundant pipelines and infrastructure with state and federal government support and financial backing.
I’ve been buying BAS:ASX TD2 in the mid 5 cent range and below today, and BAS:ASX is also a producer in Both the Cooper Basin and Indonesia with monthly cash flow figures from Oil production, so using BAS as a comparison in the current dreadful oily penny market, and also the extremely perilous position the Pep11 licence is in currently BAS at a 15m MCAP and MMR at 7M MCAP with just a percentage of Pep11 that is about to be axed by Ed Husic basically makes the MMR position very perilous wouldn’t you think TD2 at 0.004, and a laughable basically 7m MCAP tbh moving forward into the Christmas break and in particular January 2025 !!!!!
MMR Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
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