BAS
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8.45% 6.5¢ bass oil limited

Current cash on hand $850k.Payment due this week to COE brings...

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  1. jakspara
    5,015 Posts.
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    26/03/19
    12:57
    Post #: 37886297
    Current cash on hand $850k.
    Payment due this week to COE brings that down to approx $500k.
    "Guesstimating" from the production graph coupled with lower oil prices through Nov/Dec/Jan will most likely realise a loss circa $200k for the quarter (unless of course they recoup some tax or recieve another royalty payment??).
    With a cash balance of approx $300k what's the likelihood of a CR? Anyone have an estimate on drilling cost for Bunian 5?
    BAS Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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