In the short term I await with interest FAR decision on Djiffere. Shallow plays abound and new seismic data.
In the Medium term we should get news on PE/not PE or arbitration plus further drilling campaign to prove connectivity and progress towards Petrosen DOC.
In the long term FAR have 15% of a nice big oil play as prices for the commodity recover and M&A activity heats up.
on the down side? Maybe a cap raise medium term next year for a hole in Djiffere plus cash for more drilling and field development in SNE.
Senegal - Big Changes, page-48
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Last
51.5¢ |
Change
0.005(0.98%) |
Mkt cap ! $47.59M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.5¢ | 49.5¢ | $18.78K | 37.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17090 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 103865 | 1 |
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| Last trade - 15.57pm 09/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |