FAR 2.00% 51.0¢ far limited

Malcy's Update, page-17

  1. 10,464 Posts.
    lightbulb Created with Sketch. 1050
    spot on db. stopping drilling is a major issue - in this case with all results being positive why not continue? also why is far breaking rank and declaring commerciality early? is this normal in o&g sector? my abductive reasoning is tilted to TO and far is positioning itself to extract max value. think about it - cash in the bank and sotting on a massive hub. this is where the cr will protect dar in that it signals far os capable of seeing this through to official declaration. a company with funds is always the master in negotiations. this is why i was even more puzzled with a cr so soon after our last one at such a close proce. something changed imo. imo far knows they will be gobbled up. to maximise their worth doc is a minimum and true potential of find needs to be realised. hence the cr.
    ta looking steady. lets see where far is in a fortnight when a ne financial year starts.
    Last edited by insaf: 22/05/16
 
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