Ann: Investor Presentation , page-14

mojohand/others: "...after all, it's just a pretty chart at this point...".
Have had a look at the whole presentation and like to post my "observations" as follows:
Interesting to me is that FAR had to hire Mr. Ben CLUBE as "Commercial Manager" (ann. on 10/9/2012) whilst they have the following two persons on the BOARD:
- Mr. N. Limb ("35 years in the resources industry") and
- Mr. C. Cavness ("35 years in the oil sector").
For one reason or another, these two could seemingly not get any JV advanced? But hopefully now Mr. Clube has been successful...?
Interesting that FAR start now the presentation with KENYA rather than their West Coast projects - but logical, of course.
Extremely AMBITIOUS time-line shown on page 19 in respect to farmout:
- L6 by end of March (in less than 7 weeks time!)
- SENEGAL (Sangamour Profond): Also by end of March! This, after FAR has NOT been successful to find a partner for a very, very LONG TIME ?!!
- L9 by end of April
Even MORE AMBITIOUS PLANS in respect to DRILLING timelines (but for those FAR cannot be held "accountable" later on, of course!):
L6: Drilling during November/December 2013
L9: Drilling from December 2013
Senegal: Drilling during November/December 2013
Well, IF all of the aforementioned WOULD come about as shown in this presentation, it would/could be a fantastic year for FAR. I believe it when I see it happen.
All the best to all FAR longs.
wasa