BAS 8.45% 6.5¢ bass oil limited

Quick and Dirty Math: - 800 to 950 BOPD (Range of production) -...

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  1. 240 Posts.
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    Quick and Dirty Math:

    - 800 to 950 BOPD (Range of production)
    - 24,000 to 28,500 BOPM (Avg. of 30 days per month)
    - Assume price of oil $62USD
    - $1,488,000 to 1,767,000 USD in sales per month.
    - $17.9m to 21.2m USD in sales per year

    That is
    - $23.2m AUD to 27.6m AUD per year

    These numbers with combination of drilling and exploration (which starts soon), as well as the acquisition targets, will cause a significant re-rate in the share price.

    Current price is a bargain.
    Last edited by ualeon: 05/04/18
 
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