Well said Elguido. This is more constructive than most.
I agree on oil & gas in the medium term. My point is the apparent attitude of the majors/potential farminees.
Oil majors grow mainly by acquisition. That is why the FAR story attracted me. Subsequently realised the majors buy companies with more than FAR has to offer. Bit of a catch-22 here.
Good point on Iraq but it is all onshore and relatively cheap to exploit. Security is an issue but all sides in a civil war will want an oil industry to emulate Iran.
Shell is doing OK in Nigeria despite civil war.
Thank you Mojohand for that reassurance. My frustration is beginning to show.
far and hunt oil in senegal, page-57
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Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 50.0¢ | 49.0¢ | $16.71K | 33.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9455 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 25000 | 1 |
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| Last trade - 15.59pm 03/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |