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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Last
48.0¢ |
Change
0.010(2.13%) |
Mkt cap ! $44.35M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 48.0¢ | $75.16K | 156.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 68600 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 50000 | 1 |
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| Last trade - 11.48am 30/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |