FAR 2.00% 49.0¢ far limited

Hi Whisky Unless I'm mistaken, Ya says 40% of that 330m should...

  1. 2,987 Posts.
    lightbulb Created with Sketch. 2703
    Hi Whisky

    Unless I'm mistaken, Ya says 40% of that 330m should be 132m when in fact they declared nearly 172m. That would turn that 330m estimate into 430m, an increase of roughly 30%. FAR's 13.7% would then increase from 45m to 58m, which would significantly boost the value of SNE to the company. Assuming the $7.50 a barrel used by Mandurah yesterday, it would be an extra $97.5m.

    Ya, please correct me if I have stuffed this up.

    OOO
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.