yep, spot on funtimes. It still amuses me as to why people compare shares on issue, if anything, the more on issue the more liquidity and potential of big boys churning through the shares causing faster SP rises in cases of great news.
FAR just need a JV similar to the one PCL have in place in Kenya...Apache, Origin and Tullow are great partners to have.
Both companies have just as much going for them IMO and as mentioend already, PCL is trading at an 85% premium to FAR.
I feel that if FAR can put together a JV like PCL's for their Senegal deepwater block then we will see FAR back around the 8c mark in relation to todays trading between PCL and FAR.
In addition, if African Petrol. hit pay day in thelease next to FAR's then we may see 8c in anticipation of a lucractive offer being put to FAR.
Either way, both futures are looking very good for these potential elephants
FAR Price at posting:
5.0¢ Sentiment: LT Buy Disclosure: Held
