BAS 8.45% 6.5¢ bass oil limited

Ann: December Quarterly Activities Report and Appendix 5B, page-5

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  1. 106 Posts.
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    Agreed,  where is all the money?  40920 barrels of oil for the quarter at an average price of $65 a barrel =
    $2 659 800 but receipts on the latest quarterly of only $969 000. Surely it's not all being lost on the domestic market obligation? At this rate they are going backwards,  if it wasn't for that royalty of $312000 the bank balance would have gone down a couple hundred thousand. The numbers don't add up. 
 
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