FAR 2.00% 49.0¢ far limited

Ann: Senegal Drilling Update - Successful SNE-4 appraisal well-FAR.AX, page-42

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  1. 1,682 Posts.
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    OOO, I was going to give you a TU until your last comment ... the FAR Board and Management need to realise that the last 6 drills have de-risked FAR as an exploration play, and they have to actively ensure the market, institutions and potential investors recognise the value, and are keen to pay a premium to current SP to join. I was shocked at the AGM when some board members suggested (in the context of performance rights) 15% increase per year was reasonable. I and others invest in explorers realising they are high risk (of capital loss), but also expect high reward when they come good.
 
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