If your calculations are correct and the oil price stays above $70 USD until end of the year, then the Contingent payment for this year should be approx $14mm USD or $20mm AUD which we have been advised should be received early 2025. A Capital Return next year of close to 20 cps should be possible with approx 92 mm SOI.
FAR Price at posting:
51.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)