If you get to the stage of "binding" senior debt finance....it is because oil was worth something.
The oil price has recovered.
So the the oil in place asset has also recovered it's value ....which can be loaned against!
ie. The project is profitable.....at low oil prices.
They should be able to obtain finance once again and the due diligence is already done.
- Forums
- ASX - By Stock
- FAR
- Ann: Lukoil Proposal Not Proceeding
Ann: Lukoil Proposal Not Proceeding, page-157
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.0¢ | 50.3¢ | 50.0¢ | $41.04K | 82.08K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17562 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 94070 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8562 | 0.500 |
2 | 38702 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
3 | 210000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 94070 | 2 |
0.510 | 201000 | 3 |
0.515 | 123300 | 3 |
0.520 | 335203 | 4 |
0.525 | 118000 | 2 |
Last trade - 15.55pm 26/08/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |