FAR 0.00% 49.5¢ far limited

Just a thought guys...... Declaration of commerciality. Once...

  1. 251 Posts.
    Just a thought guys...... Declaration of commerciality.
    Once they do this they are committed to development.....fair enough and that would no doubt have a timeline attached to it . What they are doing now is all work required for the planning of development of the field and why rush to bring in a time constraint with the POO so low?
    No one in the industry knows for sure when the Saudis will let up so practically there is no rush to commit to development at this point. Perhaps this is a contributing factor to delaying them from declaring the field commercial ?? Despite the fact that the figures we are getting really do confirm commerciality if you read between the lines.....to string it out makes sense to me.....albeit it frustrating in sp terms.

    Just at thought and I apologise if its already been raised....been hell busy and haven't thoroughly read all posts .

    Food for thought anyway .

    Cheers

    Trev
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
49.5¢
Change
0.000(0.00%)
Mkt cap ! $45.74M
Open High Low Value Volume
48.5¢ 49.5¢ 48.5¢ $99.11K 200.2K

Buyers (Bids)

No. Vol. Price($)
3 79755 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.5¢ 1437 1
View Market Depth
Last trade - 10.30am 29/07/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.