BAS 8.45% 6.5¢ bass oil limited

Ann: Onshore Indonesian Oil Operations Update - December 2018, page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,534 Posts.
    lightbulb Created with Sketch. 46
    I dont know, but I have a suspicion that BAS may not be in a position to lock in future sales like that. Our license is via Pertamina for starters ( I think) and operating in Indonesia with governments approval may not allow that.

    Further to that, I suspect its probable the oil we supply is for Indonesia's oil shortfall of domestic needs (ie, sold only within country). Indonesia used to export, but thats no longer the case....they got lazy and now import. I read somewhere late last year the government want to change this. All Imo.
    Cheers,
    Mick.
 
watchlist Created with Sketch. Add BAS (ASX) to my watchlist
(20min delay)
Last
6.5¢
Change
-0.006(8.45%)
Mkt cap ! $26.13M
Open High Low Value Volume
6.9¢ 6.9¢ 6.5¢ $18.97K 286.9K

Buyers (Bids)

No. Vol. Price($)
2 31250 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 1047 1
View Market Depth
Last trade - 15.53pm 07/11/2024 (20 minute delay) ?
BAS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.