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kimbo252

904 Posts.

05/02/17

11:00

Post #: 22379351
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Originally posted by Mike R ↑

When the COP / WPL deal was agreed a year ago POO was half what it is today, confidence in the market was at an all time low and FAR's shares were 10% higher than they are now.
Cath recently stated they could do with some help fromPOO and she has got it with the distinct possibility of more of an increase to come near term.
Our PE hopes are still alive and costing us nothing, we are back to drilling at a substantially reduced cost, the likelihood of another reserves and recoverability increase is a distinct possibility, official DOC is going to happen and we have sufficient cash going forward to accomodate these milestones.
This is not upramping it's just a statement of fact, so tell me why do we have to continually listen to these mongrels that continually paint a picture of doom and gloom when one doesn't exist.
Based on the known facts our SP should be at least twice it's present level and that's without PE resolution and this statement is backed up by those qualified that can seriously analyse the potential of this stock.
AIMO

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Mikey,

Fully funded?

You need to wipe your Chin,

You're dribbling again.

Kimbo

FAR Price at posting: 7.7¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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Last 39.0¢		Change -0.010(2.50%)		Mkt cap ! $36.03M

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