Great thread Whisky, great post Kfann, although I don't agree with point #8.
The JV IMO have to either declare the find commercial or keep drilling. The idea of us sitting here half pregnant fills me with dread. I will be looking for drilling or DOC but I won't settle for neither. If FAR is left to flounder in no mans land then we all know what will happen.
I'm expecting a DOC sooner rather than later as this is what the 2 JV partners that say anything have clearly stated. I have no problem once we have DOC to taking a break to plan the exploitation phase. This will hopefully give FAR the chance to raise at a much higher level than where we are currently.
On the SP, I doubt any investors here would have thought that after 2 wells drilled with stellar results and the 3 rd well being drilled that our sp would be at 10c. I for one can make no sense of it. DB
Great thread Whisky, great post Kfann, although I don't agree...
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.0¢ | $13.38K | 26.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 314682 | 3 |
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| Last trade - 15.44pm 08/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |