FAR 0.00% 50.5¢ far limited

Ann: Completion of Share Consolidation, page-24

  1. 16,310 Posts.
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    KKW those that think Samo was all down to FAR are completely off track IMO.
    Petronas were paying and to believe they didn't have a say or run their own geo's over the lease is just plain ridiculous.
    Posters here, unfortunately will not accept that its down to them to sell.
    Posters here will not accept that WPL shafted us good and proper with a 40...now 50% extra cost.
    Has management cocked it up?
    Well they certainly cocked up arbitration and I made it clear that I blame them for that entirely and took appropriate action by selling most of my shares.
    Is it their fault WPL put the cost up by 40%...NO
    Is it their fault Covid hit....NO
    Those that claim management should have sold a % are denying the reality of who would have bought under 10% at a reasonable amount? No one IMO.
    I think a lot of FAR's problems came about by having to small a WI to insulate them against all the things that go wrong.
    50% in The Gambia gives them one last shot IMO and they will have enough WI to be able to garner interest from the big players with a commercial discovery. IMO.
    If they farm down 1% I will not be buying.
 
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