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1.00% 50.5¢ far limited

Hot, The chairman has indicated that they will buy if the PE is...

  1. kkw
    7,147 Posts.
    lightbulb Created with Sketch. 700
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    08/06/18
    16:04
    Post #: 33601390
    Hot,

    The chairman has indicated that they will buy if the PE is successful, so we can rule out a deal there. The only time a deal will be done will be say now, before the debate possibly and definitely before the decision is handed down; then it has to be a bl@*dy good one, especially when FAR at this stage is very confident of their case.

    A full carry to production plus 5%?? Even that at current prices of say $4/2C barrel is only value at $428 mil. A lot less than the $500 mil that was thrown around 6 months ago. I suppose that can be the discount for a certainty. That'll give you the 15c you re looking for or a bit more.

    So what are you thinking that the deal might be?

    KKW
    FAR Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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