While majors will buy, they will first target controlling stakes, and there are fire sales everywhere, such as across US shale, Tullow's Kenya project, and I am sure dozens more major projects.
If CNE is a seller though, that does change things. But if FAR gets more than a token USD10m, or USD1 a net barrel royalty that will be a surprise.
Ann: Sangomar Project Update, page-146
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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 |
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| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |