Current value of FAR can be calculated as follows. CNE quotes an NPV for SNE of $US6.50 ($Aus 8.44) with oil at $US50 per barrel (at FID 2018/19). So for SNE, say a discounted $Aus7 x 96M/5.462B = 12.3 cents per share. This doesn’t take account of any unexplored reservoirs, of which the Annual Report estimates there are 1.5 Billion barrels over and above SNE, and not including FAN1. Nor does it account for the results of the SNE VR1 well which has added oil from the thicker sands to the 96M barrels, The Gambian acreage, and the Guinea Bissau acreage, plus the $80 M cash just raised
Current value of FAR can be calculated as follows. CNE quotes an...
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
View Market Depth
| Last trade - 11.19am 09/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |