I agree FJ and Cath would laugh at a 30c offer as it's hugely undervalued.
Anybody thinking about accepting a 30c offer is their own choice but you will be undervaluing your holding hugely. Finds of these size are so rare.
From what FJ has said about the 12bb plus FAN/Beer play and the huge 1b plus Sne upside along with far higher recovery rates nowadays, and also the value that CO2 injections/storage may be worth which could be big also for a big player like COP that would have the expertise to make possible, you would be looking at the upper end of those spreadsheets for the Senegal assets.
People are under estimating FJ's emails and knowledge. They reading more into the company releases, which is only going to benefit those said companies with the tight hole policy. I know which one I pay more attention too.
I agree FJ and Cath would laugh at a 30c offer as it's hugely...
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.5¢ | $2.525K | 5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13568 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 345490 | 5 |
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| Last trade - 10.02am 01/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |