You have to ask yourself though is FAR better value today than it was at any time since the discoveries?
I personally think it is.
Proving up the field is over, we have a defined resource that ~ 250 mmbbls will be shifted to 2P inside 12 months most likely giving FAR a valuation at $12 US bbl for 2 P reserves of ~ $411 million US....which includes nothing else....zero value for any 2C or any other prospects within SNE or externally...or cash. DB
Has anybody made any money on this?, page-54
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $14.68K | 29.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12053 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 867 | 1 |
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| Last trade - 13.58pm 19/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |