The lease was due for renewal and FAR needed an extension to negotiate with potential partners.
The Minister of Energy advised extension would be for a one year period following Decree from President.
I am speculating that now a partner is ready to lock in they wanted the Decree formalised before signing on the bottom line.
This has now been done so a major announcement should follow very soon.
Windsong
my interpretation
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |