FAR will walk for Sangomar if they can't sell it, and then start again with the cash that they have left in bank.
Soloo looks to be an extension of Sangomar and may be economic in its own right with an appropriately sized development. Regarding the non-unitisation piece there is plenty of precedent for in including Vincent (Woodside) and Van Gogh (Santos, formerly Apache) which are 2 halves of the same field, offshore Exmouth WA, with each half developed separately by different Joint Ventures.
Ann: Voluntary Suspension Update, page-52
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Last
43.8¢ |
Change
0.003(0.57%) |
Mkt cap ! $40.42M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.8¢ | 43.5¢ | $66.15K | 152.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26646 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 15693 | 1 |
View Market Depth
| Last trade - 15.59pm 07/06/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
0.003 ( 3.33 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 43.5¢ | 43.5¢ | 1467 | ||
| Last updated 10.15am 07/06/2024 ? | |||||
| FAR (ASX) Chart |