Rap
Expected prices are as follows:
1. Upon JV announcement: 12-13 cents (i.e. around 100% upside from here)
2. If spud announced: add 3-4 cents for first spud + 2 cents for each extra spud announced
Realistically, if they can announce that they have secured a partner and will drill one well, I would expect the price to be somewhere between 15-18 cents with speculation of a positive hit potentially pushing the price up over 20 cents prior to the drill.
But of course, this all depends on the terms of the agreement!
Love puff
RapExpected prices are as follows:1. Upon JV announcement: 12-13...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19637 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 13.40pm 26/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |