I agree Bullant - day 36 of the Bambo drill would suggest there is something worth hanging around for compared to just 17 days for the unsuccessful well at Samo.
I also agree that the announcement had a positive tone which will hopefully be quantified this coming week. Surely they wouldn’t say hydrocarbons detected across several intervals if they expected nothing to come from the drill.
I would imagine AG is a forced seller with FAR sitting outside the ASX300. It won’t take long to absorb the 5m shares (less than $4m) remaining on a successful result.
Dreaming of oil, page-62
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¢ | $100.5K | 203.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90297 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 5305 | 4 |
View Market Depth
| Last trade - 12.36pm 29/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |