FAR 0.00% 50.5¢ far limited

FAR Ltd shrugs off oil sector woes with ambitious Senegal venture, page-46

  1. 6,066 Posts.
    lightbulb Created with Sketch. 882
    I don't expect much shouting at all to be going on and the fact that we are still under a tight hole policy which they have explicitly stated points to this. I have been reading back on the jubilee announcements from 20007/08 onwards and they never really gave an official figure either all they kept saying was due to good connectivity and flow tests we expect materially better reserves than initially thought. It was Aidan Heavey Tullow CEO who announced this after each appraisal well was completed. P50 was I think 380mb. The big difference between they're discovery and ours is that they were hell bent on getting it to production as soon as possible so any Tullow holders only had to wait from 2007-2010 to reap the rewards whereas our JV are in no rush whatsoever 2014-2021. FAR have there hands tied and we will need to have patience to reap rewards in this u less a left field event such as an asset sale takes place. If we can't shout this from the rooftops how do we expect the SP to rise......I think the next AGM will be a lot different to the last one.
    Last edited by El Jefe: 11/11/15
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
50.5¢
Change
0.000(0.00%)
Mkt cap ! $46.66M
Open High Low Value Volume
50.5¢ 50.5¢ 50.5¢ $14.48K 28.69K

Buyers (Bids)

No. Vol. Price($)
2 5356 50.5¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 59999 2
View Market Depth
Last trade - 15.44pm 12/07/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.