Australia's largest stock trading and investment forum Australia's #1 stock forum

FAR

Click for more information

0.00%

46.5¢ far limited

http://oilpro.com/?utm_source=DailyNewsletter&utm_medium=email&ut...

First 3 Last

Share
Profile

Follow
havoc

244 Posts.

05/10/16

07:00

Post #: 19626284
Share

Originally posted by gridder ↑

Would appreciate if you could post article or at least link.

I agree all of this pain has not been wasted on the industry. Sure there will be those companies that die off because they couldn't get costs down but there are numerous historical examples of companies bouncing back by prudent cost cutting. Think iron ore and what RIO, BHP and FMG had to do to get costs down and now they are starting to see the benefit. Think the shale oil industry and now how costs have dropped significantly. Its simply the nature of any business that when times are tough to survive you simply have to be more efficient....or else. This is probably one of the main reasons why I like our Senegal project. Already it has demonstrated very strong flow rates, excellent exploration upside and initial studies indicate operating costs at approximately $30 per barrel. All of this against a backdrop of much lower capex to develop. Will do wonders for NPV and IRR. As a few have already said, it just requires patience grasshopper!!

Expand

http://oilpro.com/?utm_source=Daily...l&utm_campaign=newsletter&utm_term=2016-10-04

FAR Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

PDN

Canada orders national security review over CGN's 11.26% opposition to Paladin-Fission deal

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ARD

Argent hits rockchips up to 24g/t gold at Trunkey Creek, NSW

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

First 3 Last

Add FAR (ASX) to my watchlist

(20min delay)
Last 46.5¢		Change 0.000(0.00%)		Mkt cap ! $42.97M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	5000	47.5¢

Sellers (Offers)

Price($)	Vol.	No.
47.0¢	6400	2

View Market Depth

No.	Vol.	Price($)
1	5000	0.475
1	10000	0.470
1	50000	0.465
1	50000	0.460
1	50000	0.455

Price($)	Vol.	No.
0.470	6400	2
0.490	4000	1
0.500	10000	1
0.505	25000	1
0.510	100895	2

Last trade - 08.28am 02/10/2024 (20 minute delay)

FAR (ASX) Chart

Day chart unavailable

SPONSORED BY