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.
Negative $21.5mill EV
Add FAR (ASX) to my watchlist
 (20min delay)
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Last
43.0¢ |
Change
-0.005(1.15%) |
Mkt cap ! $39.73M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.0¢ | 43.0¢ | $266.1K | 610.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 57704 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 60000 | 3 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
-0.005 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.0¢ | 43.5¢ | 196207 | ||
| Last updated 11.49am 06/05/2024 ? | |||||
| FAR (ASX) Chart |