FAR 0.00% 52.0¢ far limited

Consolidation, page-44

  1. 13,392 Posts.
    lightbulb Created with Sketch. 4560
    Well yesterday marked another milestone, FAR's MC past $700M for the first time, or about A$6 (US$4.4) barrel for our 115 Mmbbls 2C. There is certainly plenty of scope to move upwards from US$4.4 barrel as those resources convert to reserves.

    If it can hit $700M on the strength of Our 115 Mmbbls 2c in Senegal, then I really look forward to seeing what another 412 Mmbbls ( assuming 50% of our pre drill esrtimate) could do coming from Gambia... I would be very happy with half that.

    Exciting times as the market starts to realise what FAR has, with or without success in Gambia...

    Cheers Whisky
 
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