FAR 2.02% 50.5¢ far limited

Kosmos gas discovery offshore Senegal, page-12

  1. 1,228 Posts.
    Abbassi
    No one is saying it's that simple, we are all painfully aware that there are complications and that FAR would not to do anything to jeopardise their case.
    The facts are however are quite simple, it's been over a year without any progress and now the energy minister has been replaced and that's understandable if this is a reflection on his ability to resolve issues.
    What is easier than saying to COP, spell it out clearly if you expect Senegal approval, the JV partners have PE rights so please respect this.
    Instead this is now a year down the track to the detriment of FAR it's SP and therefore the shareholders and still it hangs in limbo.
    We have allot of positive news in the pipeline that under normal circumstances would lift this share well into positive territory, but I for one do not want to be facing this share price a year from now and starring down the barrel of another CR.
    As kbrown4515 put it "we reserve our right etc isn't cutting it anymore, hope the AGM will have something more to say than that and I am sure FAR understand that this way of doing business is Far from satisfactory and demands further explanation and action.
    AIMO
 
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