By using the information garnered from exploration wells to date I would have thought thy have a compelling story to sell to investors, particularly in this bleak market.
Providing the analysis proves up the commerciality of the Senegal wells then I would think this de-risks a significant element of the project therefore making it easier to appraisal CR. It is entirely possible there will not be a great deal of competition from other projects looking for financing.
Just my opinion.
Luck is on FARs side, page-13
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 |
| 49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21776 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 94070 | 2 |
View Market Depth
| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |