FAR (ASX) How big is 3S mega field?

Originally posted by Oddoneout ↑

Hi All

I, too, think WN is on the money. Whether it's two, three or more billion we'll find out eventually.

Some here are talking as though there is some doubt about Soleil being part of SNE. It is. Cath told the AGM FAR was sure of it.

Not sure the Time cover is a good idea, FAR guys. I once made the mistake of creating a joke poster and sending it to a journo contact for a laugh. Thankfully he took it in good humour and did nothing with it, but the head of our M&A team failed to see the joke. I'm not sure the ASX will see the joke this time, either.

So what are we to make of the mock Time? Is FAR trying to surreptitiously let the cat out of the bag? Are they already sure it is "multi billions"? Or is it merely speculation?

I favour the first option. For over a year now, FAR has been champing at the bit to tell the world more - Cath told a few of us prior to the 2015 AGM "we would love to say more but we are bound by a JV agreement". I sense their frustration is building and that the Time cover is a safety valve of sorts.

We, too, could do with some relief from the building pressure. The wait between news bulletins is more excruciating than ever (not that news moves the SP, mind you!). Thus far, though, our 2016 news flow has been on schedule. If that continues, then the second half promises much, including the RISC upgrade, Cairn's own August update and upgrade, FAR's unilateral commerciality statement, a drill plan, 3D seismic of two blocks, reinterpreted Guinea Bisseau seismic, and an announcement of our plans for Djiferre. Late last year my broker said they saw FAR as "a second half 2016 story". Make that many stories.

Sigh - back to the navel gazing.

OOO

Expand

Originally posted by Oddoneout ↑

Hi All

I, too, think WN is on the money. Whether it's two, three or more billion we'll find out eventually.

Some here are talking as though there is some doubt about Soleil being part of SNE. It is. Cath told the AGM FAR was sure of it.

Not sure the Time cover is a good idea, FAR guys. I once made the mistake of creating a joke poster and sending it to a journo contact for a laugh. Thankfully he took it in good humour and did nothing with it, but the head of our M&A team failed to see the joke. I'm not sure the ASX will see the joke this time, either.

So what are we to make of the mock Time? Is FAR trying to surreptitiously let the cat out of the bag? Are they already sure it is "multi billions"? Or is it merely speculation?

I favour the first option. For over a year now, FAR has been champing at the bit to tell the world more - Cath told a few of us prior to the 2015 AGM "we would love to say more but we are bound by a JV agreement". I sense their frustration is building and that the Time cover is a safety valve of sorts.

We, too, could do with some relief from the building pressure. The wait between news bulletins is more excruciating than ever (not that news moves the SP, mind you!). Thus far, though, our 2016 news flow has been on schedule. If that continues, then the second half promises much, including the RISC upgrade, Cairn's own August update and upgrade, FAR's unilateral commerciality statement, a drill plan, 3D seismic of two blocks, reinterpreted Guinea Bisseau seismic, and an announcement of our plans for Djiferre. Late last year my broker said they saw FAR as "a second half 2016 story". Make that many stories.

Sigh - back to the navel gazing.

OOO

Expand

I would not believe one word that came out of CATH Normans mouth after the crap she put on her twitter account today someone that knows how to do it should post it on H C for all the loyal MUM and DAD shareholders to read,
What she need to do is spend a bloody lot of time sorting out why FAR share price is so ridiculously low and get on with the JOB that we pay her to do instead of Quoting stupid statements like the share price will take care of its self _what an insult to all share holders,
SO NOW CATH Norman i say TO YOU instead of wasting time on stupid TIME MAGAZINE COVERS and time wasted on how to allot yourself performance shares that have a ridiculously LOW strike price spend the time looking after the people that pay your wages,
End of winge.

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(20min delay)
Last 50.0¢		Change -0.015(2.91%)		Mkt cap ! $46.20M

Open	High	Low	Value	Volume
52.5¢	52.5¢	50.0¢	$45.91K	88.73K

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