As part of the agreement Shell has an option to drill a well and acquire a 70 per cent interest in the permit. This option must be exercised by August 26.
If Shell decides to drill, FAR will retain a 20 per cent interest and be free-carried for the drilling of one well, costing up to $US65m.
that leaves 13 Trading days Until August 26 subtract 3 day trading halt
(an annoucement this significant most likely a 3 day TH )
leaves a maximum of 10 Trading days to go ...
Recent volume accumulation
the last 3 months volume
May 107 MILLION
June 108 MILLION
July 169 MILLION
July was the biggest monthly volume turnover in Far's 20 year history.
Back in Jan 2000 Far had a monthly volume turnover of 80 million when the price spiked from 17.5 to 42 cents approx 140 % price rise
As part of the agreement Shell has an option to drill a well and...
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Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 49.5¢ | $14.63K | 29.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49748 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 9861 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |