AGM, page-30

WEll, the market loved it... not!

OOO says 25c, as does Malcy
MMM says $1, Aqua says $7.28
Farjoy say 'err thanks but no thanks'
The MARKET says 8.1c.....

I was hoping for something relatively objective from holders - but we got 'same ol same ol' .... 2 years ago it was 'A Director whispered we would be $1 if the POO had not retraced'.... last year it was 'never been more excited', this has to be 50c soon... this year we get '25c+ fair value according to CN based on.. nothing,,,, and PE a sure thing.... never been more excited etc'

At least there has been some realism with regard to the ridiculous folly of 'going to production and raising $700m on the way thru' ... I know that has long been Whiskeys mantra, but it will never happen imo,,,, Markets hate uncertainty, flip flops, secret whispers and murk.. this is mainly why FAR are at 8c, with the risk being very much to the downside now...imo.

The market is rarely wrong, and if they are, why have FAR not 'put them straight'? I guess CN omitted to mention BP last month bought a share of 25~50TCF (in the area) at 90c/boe.... not oil of course, but the more market favoured GAS? Instead, FAR folded and issued a Billion shares at 8c.... the market is the market, crying about it wont help..imo.

Gordon 'walked' for good reason imo, likewise the surprise resignation of the NED? Wheels on the bus may be falling off, or being retreading with Chinese rubber I would speculate. Either way, hard to see upside ... imo.

DYOR