While majors will buy, they will first target controlling stakes, and there are fire sales everywhere, such as across US shale, Tullow's Kenya project, and I am sure dozens more major projects.
If CNE is a seller though, that does change things. But if FAR gets more than a token USD10m, or USD1 a net barrel royalty that will be a surprise.
Ann: Sangomar Project Update, page-146
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Last
47.5¢ |
Change
0.010(2.15%) |
Mkt cap ! $43.89M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 48.0¢ | 46.5¢ | $13.86K | 29.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18200 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 1800 | 1 |
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| Last trade - 13.46pm 18/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |