Consider this though. Using WN's logic:
Cost of drilling a deepwater well = $100m
Chance of success is 1% (per WN)
Values a (successful) well at (at least) $10b (100m x 100). "At least "because that is just break-even. I.e. drill 100 wells costs you $10b. Recovery for the one that comes off has to be $10b min.
Therefore the 2 Senegal discoveries (lets assume they are successes) are worth at least $20b
FAR's share is 15% of $20b = $3b
Or $1 a share (for Senegal alone)
ROFL. Maybe I have a decimal in the wrong place
- Forums
- ASX - By Stock
- FAR
- top 10 fields discovered this year....
top 10 fields discovered this year...., page-63
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
51.0¢ |
Change
0.015(3.03%) |
Mkt cap ! $47.12M |
Open | High | Low | Value | Volume |
50.0¢ | 51.0¢ | 50.0¢ | $51.68K | 102.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75177 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 187769 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75177 | 0.505 |
1 | 62764 | 0.500 |
3 | 169438 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 187769 | 3 |
0.515 | 103300 | 2 |
0.520 | 335196 | 3 |
0.525 | 100000 | 1 |
0.530 | 20000 | 1 |
Last trade - 15.45pm 30/08/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online