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Fastnet Oil&Gas Share Price - FAST

Fastnet Oil&Gas LSE:FAST London Ordinary Share GB00B85HRF56 ORD 3.8P
  Change Change % Cur Bid Offer High Low Open Volume Time
  +0.00 +0.00% 2.68 2.60 2.75 2.68 2.68 2.68 542,790 07:57:21
Industrial Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) RN NRN
Oil & Gas Producers 0.0 -2.6 -0.9 - 9.24

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Fastnet Oil&Gas Last Trade

Type Size Price Date Time Currency
O 23,302 2.72 22 Dec 2014 16:27:47 GBX

Share Discussions

Posted Poster Post
17 Dec 2014icebreakerSorry its taken so long to respond more fully. My main points are summarised as follows: 1. Trying to reduce running costs from current level to $2Million pa 2. Challenge is to drive business forward when exploration out of favour 3. Majors cutting costs and this means exploration funds 4. However a 'key matrix' for oil companies is having reserves, therefore exploration cannot stop. 5. Foum... read more...
16 Dec 2014baddayA few brief points from tonight's presentation. I didn't stay for the small talk, so I'm sure another poster or two will add some more comment: Tendrara option extension should be announced very early in the New Year. Tendrara was a big feature in presentation and WH appeared confident to me that they would get an extension Assuming option extended, I'd not be surprised to se deal done in... read more...
18 Dec 2014sea7The market has discounted the share price back to a level, where the cash value will be one year from now, if the current cash burn rate continues. If nothing changes between now and then, the numbers stack up as follows.. End November 2014 cash - $18 million*0.65 ($/£) = £11.7 million Cash burn per month - $275,000*12 (months) = $3.3 million*0.65 = £2.14million End november 2015 cash... read more...
17 Dec 2014buzzzzzzzzI suspect he didn't want to answer questions about the chairmans gaffe. I don't blame him, what can he say? What is critical is licence extension. read more...
17 Dec 2014talkman2How bloody stupid is this market at the moment. Just helped myself to another 200,000 shares at 2.69p. It has cash of 3.4p so the sp is currently negative to its cash position. The market is currently giving ZERO value to its listing and all other assets ( Morocco onshore and offshore and Ireland ). It wont stay at these levels for long. How can it ? The current sp is an absolute gift. read more...

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