Oil Price, page-20

Quite frankly, although a long term holder of FAR, management have not helped the cause of the
SP most recently-lack of news pertaining to at least rig rates if not time-lines, exercising options
at a discount to market price etc. Ok, those options seem to have washed through but another 10m
to come-online shortly? Cap raise still hangs over the stock. With Greece out of the way for another
6 -12 months and hopefully a bit of market sentiment improving albeit China remains a worry, NOW
would be a good time to get some news out to market. Hoping it is not too far away and has a positive
impact on the SP, along with better POO short term. If they are going to raise, then >10-11c would be
a good and reasonable target imo.

Get it out of the way by August and let the SP run unfettered up to Appraisal.

GLTAH