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Ann: Completion of Share Consolidation, page-10

  1. 1,072 Posts.
    lightbulb Created with Sketch. 109
    If Far has over $100m cash Market cap should be $100m + any worthwhile assets. Say they do have a discovery 50% of 200m bbls is 100m X $5 per barrel Thats at least $500m mkt cap divide by 100m shares , that $5 per share assuming no dilution. Hey!...wait a minute, this feels like we have been here before.

    That's best scenario.
    worst they discover spring-water! sells in Italy for $1 a litre. What can go wrong?
 
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