FAR 3.23% 48.0¢ far limited

FAR management email reply, page-7

  1. pj
    2,090 Posts.
    Excellent! At least we now know what FAR think.

    Given the numerical ambiguities we have all, it appears, been struggling with, this is a Godsend (not that I believe in God).

    Now forgive me Mandurah but could you please explain how the 700 P50 number leads to $1 barrel for FAR at current market cap (I make it nearer $2) and also how P90 works out at 400 (I make it 240)?

    And thank you both Hardmano and Mandurah for all your posts - I am not trying to get at you Mandurah, quite the reverse, your posts and Hardmano's are among the most reasoned on the site.

    I have been in an out of FAR for more than 40 years (First Australian Resources days) and I think this is the first time I have ever made a loss (paper - still hope to recover). This has been through a failure follow my own rules. I kind of felt obliged, I think, to be in this after all these years.
 
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