I bought some more FAR stock. Now confident SNE will go into Production at some point.
If SNE field turns out to contain 1.5 billion barrels of oil, FAR has 15% then you can pick it up for A$0.63c per barrel by buying FAR stock (1,500,000,000 x 0.15/356,000,000).
Even if only 50% recoverable, that's still A$1.26 per barrel. I don't know what profit margin you'll get after CR dilution for going into Production, but it'd still be worth your while.
Check out the list of all Oil fields greater than 1 billion barrels:
https://en.wikipedia.org/wiki/List_of_oil_fields
SNE could one day join that list.
- Forums
- ASX - By Stock
- Ann: Gas discovered at Bellatrix, Fourth appraisal well confirmed-FAR.AX
I bought some more FAR stock. Now confident SNE will go into...
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
45.5¢ |
Change
0.015(3.41%) |
Mkt cap ! $41.58M |
Open | High | Low | Value | Volume |
45.5¢ | 46.0¢ | 45.0¢ | $74.41K | 164.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14400 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.5¢ | 3665 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14400 | 0.450 |
1 | 100000 | 0.445 |
4 | 240149 | 0.440 |
2 | 144485 | 0.435 |
3 | 56704 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 3665 | 2 |
0.460 | 46760 | 5 |
0.465 | 27850 | 3 |
0.470 | 2631 | 1 |
0.475 | 16000 | 1 |
Last trade - 11.37am 22/05/2024 (20 minute delay) ? |
|
|||||
Last
45.0¢ |
  |
Change
0.015 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
45.5¢ | 45.5¢ | 45.0¢ | 6547 | ||
Last updated 12.00pm 22/05/2024 ? |
Featured News
FAR (ASX) Chart |
The Watchlist
ATC
ALTECH BATTERIES LTD
Martin Stein, CFO
Martin Stein
CFO
Previous Video
Next Video
SPONSORED BY The Market Online