Read page 39 of todays presentation .... this is no disaster IMHO....
Hi B2,
Lake Long has an estimated 766 BCF (billion cubic feet of Gas) of which FAR has a 4% interest .... so not allowing for recovery costs ... and using a gas price of US$5.75 and a US/AUS$ conversion rate of $.75 with 240m shares the price per share works out at $0.978 (just under 98 cents) this would obviously be more currently with the falling OZ dollar ... if memory serves me right FARs history in this area has been 4 out of 4 .. which bodes well for this new rig... all of which looks great...
Blackspot
looks like a disaster, page-18
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Last
47.0¢ |
Change
0.015(3.30%) |
Mkt cap ! $43.43M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 47.0¢ | 45.5¢ | $82.32K | 180.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 125569 | 6 |
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| Last trade - 15.47pm 21/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |