FAR 0.00% 49.5¢ far limited

Undervalued, page-6

  1. 36 Posts.
    Nonsense, Far is Overvalued and that's another reason,along with the Industrial Scale dilution, why it never rises.

    Now, as proof that Far is overvalued I will show you a junior UK e&p that is truly Undervalued!

    Rockhopper Exploration.

    Largest Acreage holder in the Falkland Islands.
    Discovered a 1 Billion Barrel Basin.
    300million Barrels oil reserves net to Rockhopper.
    Exploration upside,FEED almost complete on Sea Lion which is to be sanctioned mid 2018.
    $750 Million Free Carry to first oil on Sea Lion phase 1&2.
    $750 Million Stand by loan facility.
    Sea Lion Phase 1, Rockhopper 40% of 80,000bopd, Sea Lion phase 2, Rockhopper 40% of 138,000bopd.
    Current Cash $60Million
    Current production 1350 bopd to cover operating costs.
    No Debt.
    No Dilution
    A potential $ 150 Million compensation payout from the Italian Government, expected end of 2018.

    Now shake your heads in utter disbelief when you see that Rockhopper Exploration has a market value of £114 Million.Yes, £114 million.

    Now, Compare that with Far's $370 million,Rockhopper have more oil,throw in a $750 Million Free Carry, no debt, lots of future upside, production of up to 56,000bopd beginning in 2021/22 and this Gentlemen is what you call one seriously undervalued company.

    It's arguably the most undervalued junior e&p on the London stock exchange.

    No other e&p share offers so much for so little,please feel free to prove me wrong??

    Please feel free to authenticate all the above information ,it's on Rockhopper's website, brokers reports and news releases.
 
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Last
49.5¢
Change
0.000(0.00%)
Mkt cap ! $45.74M
Open High Low Value Volume
48.5¢ 49.5¢ 48.5¢ $100.7K 203.5K

Buyers (Bids)

No. Vol. Price($)
1 89898 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 2239 1
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Last trade - 15.47pm 29/07/2024 (20 minute delay) ?
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