FAR 0.00% 49.0¢ far limited

DB,A Senegal Government Arrette for a JV participating...

  1. 357 Posts.
    lightbulb Created with Sketch. 31
    DB,
    A Senegal Government Arrette for a JV participating interest.
    IE: COP Senegal BV.

    As Far as Far's income hold up (Delay) on FID is concerned,
    I would be more worried about how they are going to finance their share at this stage.
    From memory,the last two holes drilled we're commercial, SNE South and SNE North.
    And from memory, didn't the exploration and research phase expire in Jan-feb 2019?
    Wasn't it extended till end of 2019?
    My guess, is with the latest edition of SNE South & North in the Applied for SNE Exploitation Plan + Exploration application in Applied for (ring fenced ) exploitation acerage + the Senegal elections just held,are the only reasons for delay in government approval or Preliminary FID.
    Far only have them selves to blame for any share holder fearing a (brown undie moment) over lack of finance when FID is announced.

    Kimbo88





    Last edited by Kimbo24: 26/07/19
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
49.0¢
Change
0.000(0.00%)
Mkt cap ! $45.28M
Open High Low Value Volume
49.0¢ 49.0¢ 49.0¢ $10.77K 21.98K

Buyers (Bids)

No. Vol. Price($)
1 14178 49.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 20000 1
View Market Depth
Last trade - 12.19pm 25/07/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.