Key points from AGM, page-165

Drbrooks.
I'm not saying it will end in doom and gloom for FAR.
I'm talking about what all management say at AGM's.
They tell their shareholders what they want to hear.
I'm heavily invested in some companies too but I am not as naïve to believe what they tell me is all the story.
Even though posters on the other threads have cast, as you put it, aspersions on the companies I'm invested in that IMO is a good thing as it makes me think about my investment.

Plenty times I have sold and bought shares over the years by reading what others think.
Some were right and saved me money and some were wrong but believe it or not, that's what HC is all about.
All the other threads I have frequented by the way don't have this ignore mentality like the FAR thread has.
I'm not about scaring people to sell as I have bought and sold FAR twice now, its about generating debate and have an alternate view when warranted.

Management said there were several reasons why the SP was so low but never spelt them all out, so that's a cop out as I am sure there are other more important reasons than PE which they will not share.
FAR will lose nothing if PE fails and still will have all that oil so that excuse is lame.
IMO FAR will need debt levels higher than SEA for their project share and I believe that's what scares the market and why the SP is low.

Why do you think these big instos have such a large holding?
They are all there for the takeover nothing else.
Did anyone care to ask why they are on the register.....too hard a question?
The times I bought FAR was to make a profit which I did on one of the occasions.
It must be remembered we are in a share bull market where most world stock markets are at all time highs.
Oil has tripled yet some oil stocks still flounder.....why? ask yourself.
All I can say is its a bad thing hoping for things to happen in stocks like FAR when they haven't happened yet and might not happen.
That's why the SP is still depressed IMO.
But ill wait till it breaches 10 cents and stays there then its a buy.