I like it. The Gambia wasn't a dry hole, so there's still value probably worth exploring, and with Shell finding oil in Africa the whole of the West coast is now in play.
I would settle for a cast iron promise to turn over each dollar in royalties to shareholders, or even to become a royalty company. Use the cash on hand to fund companies needing a little extra cash to finish developments in exchange for sweetheart royalty flows.
Gambia and GB tenements could also be exchanged for say a 1 percent royalty
I like it. The Gambia wasn't a dry hole, so there's still value...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
-0.020(3.85%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.0¢ | $92.88K | 185.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24313 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 3919 | 2 |
View Market Depth
| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |