I do not think that a new venture would be ideal for a cash strapped company like FAR, as many previous posters have suggested. A farmin where FAR get 5% and pays 7.5% of the cost of a 40million dollar well is not that great.
A good outcome for FAR would be in my opinion if FAR got 15% of Ophirs block and was left with say 15% of Senegal with a well free of cost of both blocks. That would be great.
I do not think that a new venture would be ideal for a cash...
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50.5¢ |
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Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.5¢ | $2.525K | 5K |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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