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1.16%

42.5¢ far limited

DB, For got to mention, to also include Fars % of 2018 pre-feed...

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kimbo252

904 Posts.

18/09/17

23:43

Post #: 27302601
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Originally posted by Davy Boy ↑

Drilling programme SNE -5, VR-1, SNE-6, FAN-Sth and SNE North.
SNE -5 spud around 23 rd Jan. SNE -North finished around 7 th August.....approx 182 days.
FAR's 17% paying share at 850k per day =32.9 mill. AU.
End of June FAR had 91.3 mill- 32.9 mill = 58.4 mill left over after paying for drilling 5 wells two of which were drilled to 5000m+ another had a interference test and another had DST.
I think 3 wells next year....WPL only have 1 booked, 3 x 25 days x 850k= ~ $13.5 million to FAR. These wells will most likely be much cheaper than this because of the water depth and rig type required but I have used the higher Stenna number.

58.4 - 13.5= 44.9 million left.
I think its safe to say that we have a fair safety margin for the next 12 months. DB

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DB,
For got to mention, to also include Fars % of 2018 pre-feed development costs into cash forecast also.

Kimbo

FAR Price at posting: 7.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 42.5¢		Change -0.005(1.16%)		Mkt cap ! $39.27M

Open	High	Low	Value	Volume
43.0¢	43.0¢	42.5¢	$33.12K	77.84K

Buyers (Bids)

No.	Vol.	Price($)
1	41123	42.5¢

Sellers (Offers)

Price($)	Vol.	No.
43.0¢	47151	3

View Market Depth

No.	Vol.	Price($)
1	41123	0.425
2	81941	0.420
2	58724	0.415
1	33894	0.410
2	57500	0.400

Price($)	Vol.	No.
0.430	47151	3
0.435	141599	6
0.440	165709	5
0.450	100770	6
0.480	3200	2

Last trade - 13.47pm 26/04/2024 (20 minute delay)


Last 42.5¢			Change -0.005 ( 0.00 %)
Open	High		Low	Volume
43.0¢	43.0¢		42.5¢	5374
Last updated 13.04pm 26/04/2024 ?

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