Ok, So we have nothing to do but sit and wait for the TH and...

Ok, So we have nothing to do but sit and wait for the TH and FAN-1 Result.

I have heard/read a few people speculate that FAR has the potential for $1 SP. Sounds great, but lets throw some maths at.

Current Market Cap

2,699,846,742 Shares on issue, Current SP $0.084 = 226.7 M Market Cap

On a successful FAN-1 & SNE-1, researchers (Hartleys & FAR media) forecast a $35c SP

so...

Possible (Near Future) Market Cap

2,699,846,742 Shares on issue, Forecasted SP $0.035 = 944.9 M Market Cap  (So close enough to a billion market cap)

Yep.. Ok, 1B Mark-Cap seems doable.


Possible (Distant Future) Market Cap ($1.00 SP)

So what about the $1 SP ... Well we are going to need another 2 Billion More Mark Cap. So we need more oil!
L6 (Offshore/Onshore) & L9 Kenya do look to have potential 500 mmbls.

Would that make the difference to FAR?

I hope my maths is ok! Im sure my fellow FARites will correct me. Let me know your thoughts.