BAS 8.45% 6.5¢ bass oil limited

ahh Rhodesy, your getting there, this time you got 1.5 facts...

  1. 3,743 Posts.
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    ahh Rhodesy, your getting there, this time you got 1.5 facts correct in your justification for selling at a loss.
    1. "if you look back production has been consistently lower since April 2017" - Well I wouldn't say consistently lower, more like steady production, but if one thing I do agree on is that April 18 was a disappointing result, but prior to that March exceeded expectations.
    2. "advise drilling has been pushed back to end of 2018" - WHAT? I posted this the other day -"Bass announced its intentions to pursue a two-well drilling program, consisting of Bunian-5 and Tangai-5 development wells. Drilling is anticipated to commence third quarter this calendar year." "Concurrent planning work for the upgrade of the Bunian and Tangai production facilities is also underway. A facility upgrade is required to process the additional oil and fluid production rates anticipated following the completion of the drilling phase of the work program."
    & "Bass is entering the phase of the Tangai-Sukananti development study that will mature development drilling targets for the 2018/19 drilling program. Drilling is anticipated to commence late this calendar year", I suggest you go back to previous reports as this has always been reported for this timeframe.
    3. "one of the directors subsidiaries sold a big wack of shares" - CORRECT much better than what you stated last time.
    4. "The only thing BAS has going for it at the moment is the Rise In Oil Price" - WRONG & CORRECT - its not the only thing they have going for them and you know that, management has ALWAYS been transparent about their future plans & guidelines, I would suggest you read more than just the headlines & YES the rise in oil prices is always good for profits.

    Dude I understand that your pissed because YOU made a failed investment decision but ALL the facts have always been in front of our eyes and the ship is still sailing its course as planned.
 
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6.5¢
Change
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Mkt cap ! $26.13M
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6.9¢ 6.9¢ 6.5¢ $18.97K 286.9K

Buyers (Bids)

No. Vol. Price($)
2 31250 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 1047 1
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Last trade - 15.53pm 07/11/2024 (20 minute delay) ?
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