FAR 0.98% 50.5¢ far limited

Howdy Jnr,I agree with your assessment.However, if AP hit pay...

  1. 1,717 Posts.
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    Howdy Jnr,

    I agree with your assessment.

    However, if AP hit pay dirt Far will be trading at more like 50c.

    All round numbers but Abdullah cold be worth 500m barrels x $20/barrel profit. I see Abdullah to be worth around $1b.

    Obviously some of this relates to AP but Buried Hill and 3 fan plays become significantly less risky.

    I see this free well by AP a saving of $50m to FAR and furthermore a successful outcome 50c plus to the share price at a minimum.

    For the record PCL and FAR both have extreme potential to be highly rewarding to shareholders.

    Harry
 
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