Gents have a read again.
"Massive Potential Provides Speculative Opportunity The potential of FAR’s Senegal acreage is massive, with over 1 billion barrels of recoverable oil identified from several prospects. Based on the shelf edge prospect, which has a mean estimated in place resource of 1,128 million barrels of oil, we estimate that a discovery could be worth $9b in gross terms. 20% of this would represent a return on investment in FAR of 90X (i.e. an $11,000 investment could yield $1m."
The dream is still alive and well. Hartleys only expected 20% and did anyone pick Shell.......I think not. Sounds bloody excellent to me.
discovery in senegal could be worth 9 billion, page-48
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Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.5¢ | 50.0¢ | $12.37K | 24.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19418 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 129688 | 3 |
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| Last trade - 15.44pm 31/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |