Negative $21.5mill EV

  1. 9,153 Posts.
    lightbulb Created with Sketch. 510
    Truly feel for shareholders. But anyone selling at these levels are complete idiots.

    "FAR estimates a year end cash balance of approximately US$48M with approximately US$6M of Bambo-1 well costs to be paid in Q1,
    2022."
    48-42Mill= 42mill (Until Q2, 2022)

    USD= $58mill AUD

    Lets not forget the following:

    Additional payments to FAR, up to US$55 million, are contingent on future oil price and timing of first oil. First oil is targeted for 2023.


    I'm in at these levels.
    Last edited by dazatoN: 23/12/21
 
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(20min delay)
Last
40.0¢
Change
0.000(0.00%)
Mkt cap ! $36.96M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 45453 40.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 60000 1
View Market Depth
Last trade - 09.59am 10/09/2025 (20 minute delay) ?
FAR (ASX) Chart
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