Read page 39 of todays presentation .... this is no disaster IMHO....
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
looks like a disaster, page-18
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.50M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 46.0¢ | $130.0K | 281.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 90053 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 57801 | 1 |
View Market Depth
| Last trade - 14.13pm 20/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |