There is no point in bitching about the tight hole policy, FAR don't set that policy and have no control over it.
All four partners would know exactly what's happening on the rig( that's how it works, if nothing they are anal about daily reports from all involved in the drill) but NO info will be released to the market until the OPERATOR says so.
Our largest partner are not in the habit of releasing drilling info as they drill and would be happy with the arrangement as it stands. In this industry the "majors" keep as much info to themselves as they can, when they are required to or are ready to you will know because they will tell us.
The JV does not exist to promote the FAR share price they are there to get the job done and appraise the find, they will tell us what they have to when they have to so chill a little bit longer, be positive and enjoy the wait, after all we maybe holding a " wining lottery ticket"
There is no point in bitching about the tight hole policy, FAR...
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $30.20K | 61.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18945 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 6324 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |