The best line from the Hartleys report is..
"First Australian resources (FAR )has completed initial seismic processing of its offshore acerage in senegal and uncovered a potential monster".
One billion barrels of oil recoverable will make the majors sit up and listen, i have no doubt.
One would have to think that there could be some buying from overseas from anyone attending NAPE and taking a good look at the data and then the sp here on the asx.
Time will tell, but the facts are quite simple and that is,
If they have what they think they have, then it matters not one jot about traders or dow collapses, this will make anyone who buys enough now and holds on for 12 months a very wealthy person. Period.. no ifs or buts.
Exiting times hopefully lie ahead.
a potential monster
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50.5¢ |
Change
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Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.5¢ | $14.48K | 28.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5356 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 59999 | 2 |
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| Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |