yep sale of heads to fund option conversion to get the free...

yep sale of heads to fund option conversion to get the free piggy backs was always on the cards. We must be just about at the marginal share price level for that strategy now.
I kinda look at it this way, at least it's bringing cash into the company on conversion and we all want to see that extra million dollars added to the company's funds and secondly it gives an opportunity to top up at, (what seems to me) a great price. I'm putting my money where my mouth is on this one and accumulated a few hundred thousand more shares last session and plan to do so again if these levels persist next week.
It's always frustrating when you see you could have got in a bit cheaper but personally I'm not too worried in the case of Bas because I really do see this as a great opportunity for capital growth (subject to usual caveats of course).
Looking ahead we won't have too long to wait for the October update and we should get a steer on how the optimisation programme is adding to our daily production levels. Crude seems to be on a strong roll at the moment too which is brilliant for us.
I just can't help but think that Bas is a stonking buy at these levels.