FAR 1.23% 40.0¢ far limited

Fan1 commercial we should see 20c, SNE earmarked also as...

  1. 896 Posts.
    lightbulb Created with Sketch. 12
    Fan1 commercial we should see 20c, SNE earmarked also as commercial then 30c, maybe 35-40c
    with irrational exhuberance. I think if a takeover is coming based on the above being realised then
    COP would be the likely suitor, CNE tends to monetise their assets fairly quickly. Imo we would get
    taken out for the full 15% of all Senegal leases, maybe even Guinea Bissau. T/O would have to be
    at a premium of SP, so around the 40-50c mark for mine. I will assume no value given for Kenya/
    GB/WA but we still retain them. A lot of that remaining acreage would certainly be heavily de-risked
    hence the premium.

    That would still equate to a nice war chest for Kenya/WA and other 1st mover opportunities elsewhere.
    Maybe close to a $billion in the kitty or more.

    Holding tight, accumulating further.

    GLTAH
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
40.0¢
Change
-0.005(1.23%)
Mkt cap ! $36.96M
Open High Low Value Volume
40.0¢ 40.5¢ 40.0¢ $464.8K 1.155M

Buyers (Bids)

No. Vol. Price($)
2 85000 40.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 103000 2
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
40.0¢
  Change
-0.005 ( 1.23 %)
Open High Low Volume
40.0¢ 40.5¢ 40.0¢ 68198
Last updated 14.47pm 29/03/2024 ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.