FAR 2.91% 50.0¢ far limited

SNE 2C-563 mmbbls, page-27

  1. 1,931 Posts.
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    I think it is absolutely ridiculous that two companies can have significantly different results. I mean seriously, what an absolute joke. How on earth can CAIRN have numbers POST-connectivity testing that are LESS then the numbers issued by far PRE-connectivity testing?!?!?!?!?

    I am sorry but all these comments about the Scotts been conservative ... I mean seriously, there is conservative and then there is ridiculous. I don't think they're been conservative anymore - I mean seriously - they are a business. I genuinely wonder if maybe its FAR that have an extremely optimistic view of the numbers? - which wouldn't surprise me given we're a small minnow trying to get the SP to increase for future CR's etc.

    Very disappointing. People were stating 1billion+ - we are nearly half of that.

    Like I said before - and I am not trying to be negative - just realistic - I don't think anything will move this SP, apart from:

    Price of Oil (yes I left that out before)

    PE - win

    Selling of part or all of asset (SNE) - get cash in bank

    Takeover

    Consolidation of shares (once again - pro's and con's to this) - the SP will likely tank for a while post-consolidation imo.

    I can't be bothered watching this day in and day out. I have stuck with this company far to long and sadly I will continue to do so. Why? because IMO we are either going to be taken out (post PE result), win PE and on-sell, or lose-pe and sell down some of our asset, consolidate and drill A2 and A5 etc. Either way, I think those trigger points will occur within the next 12 months. Might as well wait it out.

    Ele.
 
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Change
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51.0¢ 51.0¢ 50.0¢ $13.38K 26.64K

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Last trade - 15.44pm 08/11/2024 (20 minute delay) ?
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