Jesus …...
Sojourner, surely you too can use your power of extrapolation to assume that the probability of FAR gaining junior debt is very high given the current status with senior debt secured....and project ROI?
At break even cost of $22 per barrel.....FAR are looking at + US$200m cash flow per year.
Current market cap AU$270m + some... when additional CR shares come on stream.
With cash flow starting in 36 months, buying at 4.4c is a compelling investment case, especially when divies start rolling in.
That explains the excitement here.
Ann: Sangomar FID and US$300M underwritten senior facility, page-64
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.5¢ | 51.5¢ | $289.9K | 557.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1960 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 103276 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |