Hi OOO
Re: "the other is a projection on the back of an envelope based on the company's best guess of what further wells might verify. No need to call in ASIC"
OK, thanks for that clarification, the potential for higher numbers that we have been extrapolating from the extended area remain in the speculative realm and currently require risk rating. If FAR does not provide this then presumably the market will in due course settle to an allocation of its own.
The whole thing can easily be settled by bunging down a well in the mid extended area - selection of such a well in the current projected 3 well contingent program would lend some weight to the theory and provide us with some exciting upside.
pj
Hi OOO Re: "the other is a projection on the back of an envelope...
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Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 52.0¢ | 50.0¢ | $54.62K | 106.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35000 | 51.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 14868 | 3 |
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