@discodaddy
FAR sold Sangomar to Woodside.for a sum plus....USD$55 million on first oil in 2023. (paid over 2 years)
...check specifics.
100:1 share consolidation.
80c/share Return of Capital.
They will have approx $60 million cash in bank.
At today's price and shares , the 55 million is about 70c per share.
So if you assign that value to the FAR shareprice...then hardly anything is currently assigned to this drill
for 1.1 billion barrel prospect?????
Also...FAR bought out the acreage in The Gambia with those specific blocks as it was analogous to Sangomar.
They bought out targeted blocks. Their purchase of A2 and A5 blocks are adjacent to Sangomar.
Very very large upside from the current shareprice.
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Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19637 | 49.0¢ |
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Price($) | Vol. | No. |
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50.5¢ | 10000 | 1 |
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No. | Vol. | Price($) |
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2 | 30000 | 0.485 |
3 | 83930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
1 | 5000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 10000 | 1 |
0.510 | 69689 | 1 |
0.515 | 2239 | 1 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
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