Looking From the Outside?, page-46

Morning Dr comparing a producing Company over a period that covers brent crude peaking at $ US 147 barrel with an explorer that had no income and hadn't even made a discovery untill 2014 doesn't have a lot of relevance iMO..

Now if we take that graph and use the period prior to our discoveries up to today the graph changes , that period has some relevance as both Companies then had commercial oil and WPL as a producer had its reserves and income slashed by the oil price slump and FAR continued to add to its resources but had to dilute to achieve that . In that period FAR is up around 80% and WPL down around 12%...

Cheers Whisky