FAR 1.00% 50.5¢ far limited

Malcy's Update, page-16

  1. 75 Posts.
    Davy Boy.

    I know that when in this business you always use parameters that are conservative. Because if not you end up spending top dollars drilling stuff which just isn't there. I have read that the JV partners have been speculating that the other two prospects are actually parts of the SNE field. That speculation is not taken out of the blue. And if they are fine tuning their parameters now then this field may grow substantially.

    Maybe they just used parameters that were too conservative.

    Though this is speculation I would hold that possibility open. This can be one really big elephant. Bigger than anyone initially believed!

    And if it is then hold dearly on to your FAR shares because the big boys will most certainly make a move for it!
 
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