FAR 1.98% 49.5¢ far limited

COP analysts presentation, page-8

  1. 2,978 Posts.
    lightbulb Created with Sketch. 2703
    Haha. $12.00 might be a bridge too far, Zac. I'm optimistic largely because of what we don't know that the JV does. I'm typically a keen observer of what's said. Well there's nothing being said at present, so I've turned my attention instead to watching what's being done because those actions will be based on that information that's not known to us. So what's being done?

    . Commitment of big money by all JV partners to the appraisal plus new exploratory.
    . Cairn directors and execs buying stock.
    . Cairn scoping an FPSO.
    . FAR hiring The Chef and appointing Admiral Nelson.
    . FAR awarding options to key personnel, but more importantly requiring those options to be exercised at a 30% premium.

    If all the above doesn't scream share price appreciation then I'll go he.

    OOO
    Last edited by Oddoneout: 12/04/15
 
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