chomp, page-21

Hi Tony,

For the current tables format to get a "price" you have to choose a 2P/2C reserve/resource post "SNE4" outcome for April. The preferred "Progress to 500mb" table is perhaps lagging a bit, and if SNE3 is as good as everybody expects, I might have to add the 700mb option back in!

I might add, FAR is not alone in the recent rises, there has been a serious reversal of sentiment for oil stocks eg Beach, Santos, AWE charts all show similar. Someone else posted "wait for the sentiment swing" that my sheet didn't account for it, but, and I mentioned this before, the main sheet does allow for +15% sentiment variation but I forgot to qualify the tables with that - for more details, try HC search , current oil price is split between the $35 and $40 tables.

Waiting on SNE3 results and reaction, plus seriously would like a re-evaluation of project economics from Cairn at nearer current oil prices, so that the whole thing is on a firmer footing. Meanwhile it is as it is., not quite ready to have eggs thrown at me yet

pj