FAR 0.00% 52.0¢ far limited

January 2016 Brent V FAR, page-3

  1. 13,394 Posts.
    lightbulb Created with Sketch. 4563
    Yes the market is a very fickle mistress....there are some interesting metrics since Jan 2016...on the downside we have 47% more shares on offer , on the upside the MC is 47% higher ,2C resources have increased 95% and about to increase again , oil price is up 83%, we are 20 months closer to any event, cash position by the end of this Quarter will be similar and we have an exciting new prospect, an AMI with a major plus PE potential...

    The overall result is we are in a much better position from a project and a Company perspective now than we were then...

    So we're we overvalued in Jan 2016 or undervalued now...I know what I think...


    Cheers Whisky
 
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