Re: "What are the current market forecasts? Where are you getting these from? Is this based on information provided by Cairn?"
I am absolutely not sure what you are referring to above by "market forecast".
The market forecasts I was referring to are the forecasts the spreadsheet makes for the FAR market share price at any given oil price, AUD exchange, resource status etc etc using the assumptions made on the sheet and made visible on the sheet (including share dilution required to upgrade resource status). It makes no forecasts as to what any future oil price, drilling result, resource status will be at all. It is as I have said before, its a game of "what if".
Sorry if that turns out not to answer the question you were asking. The only direct information that I have used that is provided by Cairn alone, are their NPV at FID estimates for a 330mmbl field (used as a base reference in the oil value tables on the main sheet).
pj
Re: "What are the current market forecasts? Where are you...
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Last
47.5¢ |
Change
0.005(1.06%) |
Mkt cap ! $43.89M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 48.0¢ | 46.5¢ | $110.3K | 234.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 217746 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 68975 | 2 |
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| FAR (ASX) Chart |