|Bid||0.0130 x 0|
|Ask||0.0110 x 0|
|Day's Range||0.0100 - 0.0110|
|52 Week Range||0.0080 - 0.0420|
|Beta (5Y Monthly)||1.48|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 31, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.16|
Seeking to rebuild itself amid a downturn in the oil and gas industry, cash-strapped FAR defaulted on its project contributions in June and warned it would forfeit its interest without compensation if obligations were not fulfilled within six months. Sangomar is a joint venture with Australia's Woodside Petroleum and Senegal's national oil company, Petrosen.
Every investor in FAR Limited (ASX:FAR) should be aware of the most powerful shareholder groups. Institutions often...
FAR said in March it had failed to secure debt to fund the more than $300 million it needs for its share of the project after global oil prices collapsed amid the coronavirus pandemic. In a further effort to save cash, FAR said is looking to bring in a partner for its Gambian assets before proceeding with drilling at the project in 2021.