Octavia have to spend $1mill over 2 years to earn 70% of this project and max out at 80% leaving FAU with 20%. Doesn't really imply a high value being placed on the asset by FAU. Really not sure how the market will react to this tomorrow. I guess for retail access to the IPO in Octavia is the main benefit.
Ann: Update on Talga Project JV and Farm-In, page-7
-
- There are more pages in this discussion • 95 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 FAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.323M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $450 | 224.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 30411695 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 32541567 | 7 |
View Market Depth
| Last trade - 10.02am 18/07/2024 (20 minute delay) ? |
| FAU (ASX) Chart |