If Soloo and Bambo can be tagged as stacked objectives then PE and drilling the Gambia should be a better outcome for shareholders, rather than a TO. So after raising the question of a further delay, I can't see the justification for it unless there is a superior binding proposal from Reamus or someone else.
IMO FAR should prioritise the Soloo target over Bambo for risk management . The trouble is that confidence has been lost in the judgement of FAR management and that they will take the swing for six option.
Regarding long term oil price, most forecasts have oil price in the mid 60's for the long term.
If Soloo and Bambo can be tagged as stacked objectives then PE...
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Last
43.0¢ |
Change
-0.003(0.58%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.0¢ | 43.0¢ | $58.75K | 135.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 182608 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 2200 | 1 |
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| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
-0.003 ( 1.80 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.0¢ | 43.5¢ | 44138 | ||
| Last updated 14.32pm 30/04/2024 ? | |||||
| FAR (ASX) Chart |