FAR 1.02% 48.5¢ far limited

Potential Bambo Well's Objective Values estimated on NPV of Oil Insitu, page-14

  1. 2,339 Posts.
    lightbulb Created with Sketch. 1046
    If results are good and as expected, FAR will reopen at $5-$7.50 and over the coming months will go to $10. Assuming everything goes to plan and the oil field starts producing at 100,000 per day which is expected, that equates to $2.5 billion USD in revenue at an oil price of $70 USD per barrel, with a 50% interest that's some big profits for FAR for many years and some big dividends during the life of the well for FAR shareholders. I won't be selling all my holding will be keeping some for the long term and for the dividends.
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
48.5¢
Change
-0.005(1.02%)
Mkt cap ! $44.81M
Open High Low Value Volume
49.0¢ 49.0¢ 48.5¢ $30.20K 61.65K

Buyers (Bids)

No. Vol. Price($)
1 18945 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 6324 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.