Agree, Chef, with your outline here.
While it would be nice to have a hand still in WA, I see the big SP trigger for 2013 being Africa. Just look at PCL's pre-spud run.
At these current prices, it is hard to see FAR losing money for an investor who is happy to hold for 12 months through 2013. With AP coming up, then the hope of news from Africa, there are plenty of catalysts for 'good news' and a SP heading northward. IMHO, FAR offers littledownside at present compared to the potential price when drilling is announced for Africa.
Great buying opportunity for the patient at present.
Agree, Chef, with your outline here.While it would be nice to...
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
View Market Depth
| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |