FAR 1.02% 49.5¢ far limited

Hypothetically if we use Cairns 2c 563m = 85m to FAR. Cairn are...

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    Hypothetically if we use Cairns 2c 563m = 85m to FAR. Cairn are now suggesting SNE is worth US$4/boe @ US$50 oil. 85m x $4 usd= $340m usd = $430m AUD. lets say other assets Gambia, FANs etc are worth zero & $60m cash in the bank is worth zero & SNE wont grow any more! our current market cap @ 7.3c is $400m AUD. This is pretty much doorstop valuation right now without any upside to anything.

    we all know SNE, Gambia & oil price has some serious upside!
 
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49.5¢
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