FAR 1.53% 49.8¢ far limited

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  1. 146 Posts.
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    Very Interesting is the Comparison: FAR V GFE
    See page 10.

    FAR has almost double the area of GFE
    FAR have 3D defined prospects - GFE have none
    Prospect Potential (Billion Barrels): FAR have 6++ GFE 3.04

    Valuation Current:
    FAR (west Africa): $30,000,000
    GFE (African Petrolium): $500,000,000

    This shows that FAR is way undervalued at the current price particularly when the comparison is made to the takeover price of African Petrolium by GFE.


    Wilsde

 
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