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5.38%

49.0¢ far limited

Hopefully & quite likely, after PE ( if still held ) the Senegal...

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ric81281

742 Posts.

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25/10/17

11:03

Post #: 28175058
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Originally posted by kkw ↑

WPL could make a TO offer just before the final decision is handed down, if it looks like FAR is going to win. FAR could then accept the TO with a small discount; but the offer would have to be close to what FAR could make in the open market. Judging by the last article posted, even with just 2C ATM, it's looking like between
$4-6/B.

I'll go with CNE's exploration director and say SNE recoverable 1 bil.
0.35 x 1 bil = 350 mil
350 mil x 4 = $1.4 bil using the conservative $ rate
Less 440 mil to WPL and expenses for drilling this years (say 100 mil for the 35%)
Net to FAR = 860 mil US
$AUD 1.1 bil = 20c /share. This is just from the additional PE 35%. So add our 7c
Share price should be 27c. Isn't this what Malcy said?

OK let's give WPL 5% off for doing it early !!

KKW

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Hopefully & quite likely, after PE ( if still held ) the Senegal stuff will be put on the market.
If not , then shs who own this Company shld. demand same & let us move on to something else.

FAR Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 49.0¢		Change 0.025(5.38%)		Mkt cap ! $45.28M

Open	High	Low	Value	Volume
47.0¢	49.0¢	47.0¢	$7.096K	14.82K

Buyers (Bids)

No.	Vol.	Price($)
2	50146	48.5¢

Sellers (Offers)

Price($)	Vol.	No.
49.0¢	17921	2

View Market Depth

No.	Vol.	Price($)
1	42046	0.485
1	5000	0.480
1	10000	0.475
2	24999	0.470
1	50000	0.465

Price($)	Vol.	No.
0.490	3728	1
0.500	10000	1
0.505	25000	1
0.510	100895	2
0.520	226786	4

Last trade - 15.58pm 02/10/2024 (20 minute delay)

FAR (ASX) Chart