Thats true Wasabibarako but i would not say that FAR is now de-risked because of the PCL result. If that was the case, and there was no risk in investing in FAR, they would be $1 by now... They are not a sure thing... yet.
It is a bit similar to TTE, NWE, AWE and EGO over in the North Perth basin. NWE and AWE have found something, TTE & EGO have not, although they hold leases next door and will be drilling in the future.
Would be great to have a farm out agreement "Trading Halt" by the end of the week stating that they are about to drill the L6 in conjunction with RDS.
Rise early, work hard, find Oil - JGP's recipe for success.
Good times ahead
TY
far a huge buy now, sitting pretty, derisked, page-22
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Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.0¢ | $1.708K | 3.383K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 40871 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 611 | 1 |
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| Last trade - 10.15am 15/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |