That's what Cairn alluded to as well, in their last presentation.
Fan South-1 is 22 kms SW from SNE-6 & will be a deep well apprx 5317 metres from the looks of it, targetting the Upper & Lower Cretaceous Stacked sands. FAR should have provided a basic update on SNE-6 spud, given that the rig's sitting onsite since April 9th.
Interesting to see Fidelity get on board FAR. They were onboard HDR back in 2004 after DoC at Chinguetti was declared, with 39 mil shares, alongwith Boston Based FMR Corp (Fid'y Research, ie).
That's what Cairn alluded to as well, in their last...
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |