With Shell committed to the CSEM and the survey completed, I expect to see more movement in the SP and Volume levels again. With a base of 8 cents as a launching point, one would think 10 cents would be a resistance point going into mid June.
My hopes are that Shell will hurry up the data processing and make a decision prior to the end of June.
If that occurs, in that time frame, it would be to begin an earlier drill date.
The SP would be in the 25 - 35 cent range based on Shell taking up the option and scheduling a spud date.
Your guess what 2 weeks into the drill would bring to FAR !!!!!!
june the month of speculation
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Last
48.0¢ |
Change
0.010(2.13%) |
Mkt cap ! $44.35M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 48.0¢ | $75.16K | 156.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 68600 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 50000 | 1 |
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| Last trade - 11.48am 30/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |