bunclefester/others: I also do not understand the "markets' machinations" anywhere in the world.
However, I see FAR's opportunities in a different light/perspective from you.
IF a Senegal farm-in (resp. farm-out from FAR's view) would have been an "easy" thing to achieve, it would have been executed a long time ago under ME....
Therefore, IMHO, it is the best policy in the shortterm for FAR to just sit still at the moment and let NEAROLOGY work for it on either the nearby drilling off-shore EAST Africa OR the coming drill off-shore WEST Africa.
Not too long to wait for the longterm holders (which are already fully trained in being patient).
All JIMHO.
wasa
P.S. Where FAR should do a farm-out - resp. find a farm-in partner(s) - sooner is for their Jamaican grounds. But it may also not be an easy proposition. Time will tell as usual.
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |