I agree Bullant - day 36 of the Bambo drill would suggest there is something worth hanging around for compared to just 17 days for the unsuccessful well at Samo.
I also agree that the announcement had a positive tone which will hopefully be quantified this coming week. Surely they wouldn’t say hydrocarbons detected across several intervals if they expected nothing to come from the drill.
I would imagine AG is a forced seller with FAR sitting outside the ASX300. It won’t take long to absorb the 5m shares (less than $4m) remaining on a successful result.
Dreaming of oil, page-62
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Last
51.5¢ |
Change
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Mkt cap ! $47.59M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 52.5¢ | 48.0¢ | $164.4K | 328.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28930 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 9744 | 1 |
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| FAR (ASX) Chart |