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Santa's not FAR away?, page-48

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JujuM

1,328 Posts.

156

03/12/14

13:33

Post #: 14400388
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Originally posted by hardmano ↑

I have reposted below part of an email from FAR on 21 November (my bolding) for those wavering:

"We have a fantastic asset in Senegal that will change our company over the coming months and the share price may wander but we have 15% of a what looks to be emerging as a world class petroleum province with just short of about 700mmbbls of oil discovered (and recoverable on a P50 basis) in the first two wells ever drilled! By anyone's measure this is an amazing feat and the share price will sort itself out in time.

Please rest assured that we at FAR are not going to make any rash decisions about the future of our company. We are very well funded thanks to our capital raising so you can relax about the share price unless you are in for short trading and then it's anyone's guess. We were extremely fortunate to raise out capital when we did as the markets have been increasingly souring since then for oil and gas companies."

H

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this is good H,
Santa is going to have to bring me a new set of finger nails and a new nervous system the way this is going
I find it all very excitting but cant stand teh waiting - especially when the oil prce dropped as well.
deep breath, relax, hold hold hold... it will come good ....

FAR Price at posting: 8.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 50.0¢		Change -0.005(0.99%)		Mkt cap ! $46.20M

Open	High	Low	Value	Volume
50.0¢	50.0¢	50.0¢	$1.5K	3K

Buyers (Bids)

No.	Vol.	Price($)
3	38100	50.0¢

Sellers (Offers)

Price($)	Vol.	No.
51.0¢	345490	5

View Market Depth

No.	Vol.	Price($)
3	38100	0.500
2	32029	0.495
1	38794	0.475
1	42553	0.470
1	3000	0.465

Price($)	Vol.	No.
0.510	345490	5
0.515	8560	2
0.520	415246	10
0.540	451	1
0.550	2285	1

Last trade - 10.20am 06/11/2024 (20 minute delay)

FAR (ASX) Chart