FAR 1.98% 49.5¢ far limited

About to run again? Last chance for cheepies?, page-180

  1. 29,630 Posts.
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    You’re right, OOO.  

    We, as investors, take a punt. 
    Management take an educated guess based on many factors, good analysis, years of experience and generally backed up and cross referenced with JV partners before they commit to their plans, to name a few. 

    Then they take a punt !
    ——
    Cop Wpl and Cne fo the exact same thing ( sometimes better sometimes worse than Cath & Co.)

    Lifes a gamble, just walking out our front door takes a leap of faith and a modicum of luck to make it back. 
    Some of our friends seem to think our management are inept for not capitalising on the SP run leading up to the last drill results!

    It seems to be a statistical anomaly that these same posters have been warning us mob of the dreaded spectre of a CR, on a regular bases, since Far raised cash last time and generally they throw in the other distasteful option of a consolidation.  
    I’m glad we don’t have people like that in our Management, the company would still be sitting on the shelf.

    I wouldn’t like to see them on the boards of Cop or WPL for that matter as they’re even bigger gamblers than Far ( they have more cash that they can risk).

    PS Enjoy your weekend and thanks for posting your thoughts. zip 






 
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