BAS 8.45% 6.5¢ bass oil limited

Ann: Onshore Indonesian Oil Operations Update - February 2019, page-15

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  1. 86 Posts.
    lightbulb Created with Sketch. 9
    Rough calcs based on last update -
    700 bopd x 365 = 255,00
    $60 pb (usd)
    Production cost $25 (usd)
    Revenue (usd) $15,300,00
    55% to BAS
    Revenue (usd) $8,415,00
    Today’s exchange rate usd to aud = $1.4068
    Revenue (aud) = 11,838,222
    SOI = 2606,000,000
    Projected Mc = 11,861,434
    Projected SP = 0.0045

    Now, let’s get that drill in the ground and DOUBLE PRODUCTION

    same math
    Projected Mc = 23,722,868
    Projected SP = 0.009

    we are undervalued imo.

 
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