Hi B2,
Lake Long has an estimated 766 BCF (billion cubic feet of Gas) of which FAR has a 4% interest .... so not allowing for recovery costs ... and using a gas price of US$5.75 and a US/AUS$ conversion rate of $.75 with 240m shares the price per share works out at $0.978 (just under 98 cents) this would obviously be more currently with the falling OZ dollar ... if memory serves me right FARs history in this area has been 4 out of 4 .. which bodes well for this new rig... all of which looks great...
Blackspot
Hi B2,Lake Long has an estimated 766 BCF (billion cubic feet of...
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 50.0¢ | $2.305K | 4.609K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17688 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 88712 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |