The FAR success story, page-2

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coopytroop

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21/11/14

09:25

Post #: 14327748
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Originally posted by LNC-Link ↑

Far have Succeeded!......Great news!

Successfully secured great leases!

Successfully interpreted and analyzed those leases!

Successfully farmed out 2 exploration wells on great terms with majors!

Successfully hit 2 VERY large oil deposits from 2 wells!

Successfully raised $46million at 11cps to carry them through to the next stages!

All the above make for one of the most exciting success stories for many years for a junior oiler. A success story that can be compared with the best in the last 10 years....this major oil basin find is a real company maker for FAR!

Now we await the next successes;

More oil in FAN-1, farmout in Kenya and the appraisal drilling program which will determine the size and extent of FARs' oil holdings inclusive of the other large fans and all of the buried hills formations which have now been derisked.

All of which when finished will elevate the oil find into the sub-commercial category ...whats called contingent resources.

Contingent resources that will get focused attention from other majors who are looking to replenish their dwindling reserves and also attention from countries around the world who will be looking for alternative oil supplies/suppliers.

The latest fluctuation in the SP has been a boon for market manipulators and traders who love the volatility.

This particular round of volatility has been accentuated by "PROXY" bad news. Bad news that was not there. Perceived bad news....in effect just poor sentiment!

Any position holders/traders that came onto the stock hoping for a quick bounce and a quick buck could have been caught short IF THEY SOLD!. Other investors who set stop losses or who panicked and sold will have lost money.

Adept traders will have made good money....adept market manipulators will have accumulated cheaper stock.

The world goes on,

Well done to CN and the team who have managed to elevate FAR into a much more valuable company than it was just 3 months ago.

Thank you to JP, Aqua, YA and all the other contributors to this forum that have managed to provide more scope on FAR than any other stock on the HC forum. I have used your inputs along with my own research on FAR to help accumulate a decent holding in this stock that will be VERY rewarding to me within the next rear.

Good luck to all the holders and for any one else who are about to jump on board FAR.....enjoy the success!

But PLEASE do your own research and dont try to blame anyone for your own laziness or inexperience!

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Great post! I can only hope we leave it at that and move on to discussing FAR again and not individual HC users and what they did / didn't say. This is less like a stock forum and more like reality TV at the moment.

FAR Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 52.0¢		Change 0.005(0.97%)		Mkt cap ! $48.05M

Open	High	Low	Value	Volume
51.0¢	52.0¢	50.0¢	$79.61K	155.1K

Buyers (Bids)

No.	Vol.	Price($)
3	39538	51.0¢

Sellers (Offers)

Price($)	Vol.	No.
52.0¢	306286	4

View Market Depth

No.	Vol.	Price($)
1	2495	0.495
1	47000	0.485
1	1999	0.475
2	92553	0.470
1	3000	0.445

Price($)	Vol.	No.
0.520	306286	4
0.525	20000	1
0.530	101005	2
0.550	77285	3
0.555	10000	1

Last trade - 13.25pm 10/10/2024 (20 minute delay)

FAR (ASX) Chart

The FAR success story, page-2

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Issues emerging as Australian companies tackle critical minerals challenge

Tonight's US CPI data could set the tone for November. What are markets expecting?

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

The FAR success story, page-2

Top Stories

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Issues emerging as Australian companies tackle critical minerals challenge

Tonight's US CPI data could set the tone for November. What are markets expecting?

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News