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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ahh Rhodesy, your getting there, this time you got 1.5 facts...
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Last
6.5¢ |
Change
-0.006(8.45%) |
Mkt cap ! $26.13M |
Open | High | Low | Value | Volume |
6.9¢ | 6.9¢ | 6.5¢ | $18.97K | 286.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 31250 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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6.9¢ | 1047 | 1 |
View Market Depth
No. | Vol. | Price($) |
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29 | 40409156 | 0.002 |
15 | 11398553 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 2915000 | 2 |
0.004 | 34531772 | 28 |
0.005 | 6804239 | 9 |
0.006 | 6490111 | 9 |
0.007 | 5650225 | 6 |
Last trade - 15.53pm 07/11/2024 (20 minute delay) ? |
BAS (ASX) Chart |