My free subscription to this website shows that the Kenya Govt is going to expand 8 more blocks for drilling. Either they are very optimistic about their prospects which could mean a big share price rise for FAR if any of the 28 licence areas hit oil or they are trying to get as many companies in now while they can before finding out if they is or is not oil. The article shows the details and IMO Kenya is going to be very interesting in the next few years. It is a positive for FAR because they will be 28 blocks being explored giving it much more chance for success. But as I have being stung by FAR, I will refrain from being positive on this stock as I am just a M&D investor.
http://www.petroleumafrica.com/en/newsarticle.php?NewsID=12688
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Last
35.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.34M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 6001 | 1 |
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| Last trade - 16.21pm 08/07/2025 (20 minute delay) ? |
| FAR (ASX) Chart |
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