BAS 8.45% 6.5¢ bass oil limited

Ann: Appendix 3B, page-25

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  1. 56 Posts.
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    Everything is in our favour. Not just good management and the fact that they are mopping up productive sites considered too small for the state run oil explorer. The political landscape there is going to pay massive dividends. They want back into opec, they also want to start/get back to supplying their own energy/oil needs internally. Pertamina has political support obviously. The tax and exploration breaks for supply will increase. Indonesia oil and gas was historically a massive input into the GDP of the them. By all accounts on the landscape of production they want back in and to protect their interests. This is far bigger than BAS, and Tino more than likely has recognised that they will be given support to succeed. Look up Indonesia oil production future and you'll see there is a lot at play. Too much for me type on my phone. Long term, BAS will be utterly massive. I'm talking multi multi bagger. It's all on our side and the management of BAS recognise this without a doubt. Indonesia wants.....no.....needs back in for their own prosperity and they will do it whilst assisting any company that can help them get there.
 
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