FAR 2.04% 50.0¢ far limited

Thanks... great movie Mr H. :-) From what I read, PC has about a...

  1. 4,797 Posts.
    lightbulb Created with Sketch. 1438
    Thanks... great movie Mr H.

    From what I read, PC has about a 44% chance of Samo coming up dry. So taking my low ball "total guess" chance of success for FAR of 5% with  PC chance that Samo will fail, 44% gives about 2.5%.   Say again low balling it is a $2B return for Woodside that means their breakeven would be about $50M.
    (0.05x.44x$2B)

    I am sure Woodsides Risk Area would have better numbers than me... but I wouldn't expect them to come out lower than this.  I have really been very conservative.

    (BTW Republicans are mad, so can never tell, and Samo will be historic)
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.