If they have a valid PE claim - pursue it! I don't see how letting partners walk over you on a known high quality resource is in shareholder best interest. But maybe that is just me.
My suspicion is that they now realise the original claim doesn't hold water and the government and backer and lawyers said - drop it and never speak of it again. So they dropped it. Officially they save face - they reserve their rights to pull it out of a dusty file at some magic point down the track which of course never arrives (long live PE!).
Djiffere farm in 75% for the price of 3d seismic is the main opportunity now - and that appears to be well and truly a going concern. I suspect that DJ what CN was referring to in recent Q&A.
SNE carbonates is another imminent catalyst for revival of SP.
I do like FAR - 2 imminent catalysts for some SP action.
Malcy - Writing it now, page-25
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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19637 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 10000 | 1 |
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| Last trade - 13.40pm 26/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |