i was hopeful FAR would inform us on anything to do with NAPE. Not doing so is a good way for management to test the patience of shareholders. Although hopeful, its hard to gauge anything from their updates on Senegal. They are very limited on details.
The scary thought is that FAR went into NAPE without any details on Senegal (as they did not update the market). I do believe in the potential of this company, but i don't think its doing a good job of marketing there projects(they planned to finish Senegal results in dec 07 for NAPE).That being said, the potential of what could-be should be enough to attract companies. The question is how well did they market their other projects. This company has been up and coming for a while. A bit more disclosure would take away a bit of the risk and help grow interest from more brokers and small investors alike.
senegal drilling perhaps this year, page-3
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