In January 2016 Brent dipped below $30, FAR was trading at approx 7c.
Since then, FAR have drilled half a dozen "successful" wells, upgraded reserves (with more to come), bought into high potential new licences in Gambia, got an understanding/agreement with one of the world's biggest oil companies, launched an arbitration process against COP with $1M limited downside and considerable upside, etc etc .
Brent now $55, up 83%,.... and FAR still 7c.
Go figure??
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January 2016 Brent V FAR
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2 | 60000 | 0.455 |
4 | 267456 | 0.450 |
1 | 30000 | 0.445 |
2 | 35000 | 0.440 |
Price($) | Vol. | No. |
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