FAR 0.00% 50.0¢ far limited

Email from Cath, page-30

  1. 940 Posts.
    lightbulb Created with Sketch. 307
    I like this reply from CN. Whilst she is advising nothing specifically new, the words are interesting. In a probable over analyzation of - "....further drilling of exploration prospects which will go a long way to adding significant shareholder value in the near future."....suggests (IMO) some v good news ahead. Why??......lets think -

    > "WILL go a long way"..."will" could have easily been replaced with a more vague "could"... "will" indicates something is definite...and either they are very confident of future EXPLORATION prospects (this separate from current appraisal, which is probably already past the post??) or...(when adding "near future") they already know value adding is going to happen!
    > "GO A LONG WAY to adding significant shareholder value"..."go a long way" suggests to me that drilling is not alone in the adding of value and is just one of a possible multiple items (they do expect value to be added)
    > "IN THE NEAR FUTURE"....I would have thought the exploration drilling is not necessarily in the bracket of 'near future' - especially when so many shareholders are desperate for some information (respecting the argument that anything in O&G is not short term and does take time)...the wording could have been (but wasn't) toned down to something like 'in the not too distant future', such wording in my opinion buying a bit more time (especially if really referring only to any upcoming exploration holes)?

    In summary, "Will", "Significant Value", "Near Future"....very definitive wording

    IMO this is looking real good...

    OOO, as a Wordsmith do you see any of my over analyzing as having potential?


    dodds
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
50.0¢
Change
0.000(0.00%)
Mkt cap ! $46.20M
Open High Low Value Volume
50.0¢ 50.0¢ 50.0¢ $2.305K 4.609K

Buyers (Bids)

No. Vol. Price($)
1 17688 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.5¢ 88712 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.