Ann: Financing Update, page-363

will be interesting to see if the shorts have reduced now that in the main finance looks to be signed off on (not intended to start up junior debt debate again as understand the issues), higher volumes in the last few days...... maybe but only guessing.

The current SP is telling me that arbitration will not go in FARs favor because with only 6 weeks before we get a result (and it could be at any time before) you would expect the shorts to have closed out long before now if they believed there was any sort of big pay day coming to FAR

So once we get the big decision what are we going to have a go at each other about until June when we will starting hearing about the 99.9999% COS of next well LOL! all we need is for the FAR Goe's to slip a little when colouring in the Sangomar field onto the Gambia side of the boarder.

Otherwise could be a long grind from here, positives are 13% recovery rate compared to average of 39%, EV/2P+2C only US$1.4/boe compared to Median of US$5.00 hence CN stating its going to be a three banger but no one is listening yet? why.... I guess I'm not a smartie

Three years to production, three years of unknown consequences to the oil price, tight oil may be too expensive by then, Libia,Venezuela and Iran may be back to full production by then, We may all be driven around in big red electric buses, Would hate a war to happen, the lack of discoveries could lead to a supply shortfall but today I can sell my shares for 4.3c so that's the only thing that really matters to me