FAR 2.91% 50.0¢ far limited

Does anybody have any idea of the size of Hunt Oil? Is it...

  1. 81 Posts.
    Does anybody have any idea of the size of Hunt Oil? Is it anywhere near the size of Woodside? As far as I can remember Woodside was a partner with HDR from the beginning and possibly gave the Mauritainia prospect credibilty very early on. Is the market waiting for a heavy weight to give the Senegal prospect more credibility? I seem to remember Hardman contributing to the first drill and retaining a 24% interest......(poly could confirm this). FAR could do any number of things to raise more capital (issue more shares or do a rights issue) to contribute to the first drill or is the persuit of a farminee an admission of a relative uncertainty of the prospect? (Is it confirmed that they are in fact looking for a farminee for the Senegal prospect?) If the prospect is solid then as a shareholder I would rather contribute a little more to retain a bigger slice of the action......what say the rest of you?
 
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Last trade - 15.08pm 28/06/2024 (20 minute delay) ?
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