FAR 3.09% 47.0¢ far limited

Ann: Trading Halt, page-52

  1. 13,011 Posts.
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    gotta: Same as for yourself, "phillip321" is among my favourite posters on the gas&oil explorers' boards!
    My - speculative for SURE - guesses here:
    The 8 million at 4c where for "someone" that was perhaps told about the then NOT yet announced success of SUNBIRD ?
    And, as phillip321 is "speculating", I also would tend to assume that this signals further delays. And WHY is it now deemed "significant"? Perhaps because COSTS are starting to go up and FAR will eventually have to partake in those... And IF those delays should be very substantial, those cost overruns would/could start to add up quite a bit.
    But - same as phillip321 - I have a - to me BIG! - holding of FAR shares (and at a much higher in-price) and I am happy to hold those (especially NOW, i.e. since KENYA got largely de-risked thanks to SUNBIRD)!
    All the best to all FAR longs.
    wasa
 
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