will take time

I do like the FAR story but from personal experience of working with oil and gas companies and seeing the project timeframes i do not believe any announcement about a farm in partner will come any time soon...it does take several months to analyse the data and make a decision...i would be surprise if they drill a hole within the next 12 months...they may plan it but i cant see it happening...not any fault of FAR but i have been working on so many projects that very rarely go to original timeframes..it seems fairly standard to me.

I think the threat of a cap raising is holding the price back at the moment. I would think the only reason a cap raising would happen is if they decide to go it alone.