FAR 3.09% 47.0¢ far limited

Gambia Drill, page-232

  1. 562 Posts.
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    Perhaps a sign of no confidence in FAR's prognosis of where the oil lies?
    Samo = water!
    Jammah - 1 = dry.
    Look at FAR's own earlier presentations where they indicated the SNE Oil/water/contact was at... indicating that it stops way before the Senegal/Gambia boundary. Now FAR twisted schematics to suggest that SNE runs all the way to the boundary line. And the oil prospects now supposedly extending in narrow strip (Bambo, Soloo, Soloo-deep) between Samo and Jammah-1.
    I'd have thought that the oil field, if extending into Gambia would, like SNE, start from the shelf margin, stretching and closing off moving eastwards. Which suggests to me the oil would mainly be in A1 and A4, not A2 and A5. So not positive on this one.
    Too many things being skewed by FAR to suit their narrative.
    But what do I know... nothing really... just my view. Take time and check out all published schematics on Gambia.
    Don't think there are real expectations from the oil exploration experts otherwise there should have been some interest by now.
    Hoping that the leadup will provide an opportunity to offload. I don't expect the SP to get to $70 to allow me to to break even. Let's see.
    GLTA
    Last edited by Myfok: 06/11/21
 
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