FAR 0.00% 52.0¢ far limited

So they think it is unreasonable to discount the project because...

  1. 3,781 Posts.
    lightbulb Created with Sketch. 331
    So they think it is unreasonable to discount the project because there is a chance it won't proceed? Wow. 


    Their valuation of the project in $/bbl is perhaps the silliest thing I have ever seen. 


    They consider sunk costs in their valuation model? Why?


    They have offered no numbers on project funding and discount rates for SNE. 


    All up: whoever wrote this doesn't know what they are doing. Maybe this company is cheap. But that isn't the way to justify that opinion. 

    Last edited by Christos12: 12/11/18
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.