FAR need to abandon all drilling or try to farmout so there is no cost. Even if hugely successful it will unlikely get to development stage for 4 years. At that time financing will be very difficult , if not impossible , for all fossil fuels.
The SP will tank below 50 cents if FAR persist in thinking there is any future in drilling for oil.
The only real opportunity is for a new CEO to buy cheap producing assets .
FAR need to abandon all drilling or try to farmout so there is...
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Last
49.5¢ |
Change
-0.015(2.94%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 49.0¢ | $204.2K | 409.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 90141 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 42916 | 2 |
View Market Depth
| Last trade - 13.57pm 04/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |