Does anybody have any idea of the size of Hunt Oil? Is it anywhere near the size of Woodside? As far as I can remember Woodside was a partner with HDR from the beginning and possibly gave the Mauritainia prospect credibilty very early on. Is the market waiting for a heavy weight to give the Senegal prospect more credibility? I seem to remember Hardman contributing to the first drill and retaining a 24% interest......(poly could confirm this). FAR could do any number of things to raise more capital (issue more shares or do a rights issue) to contribute to the first drill or is the persuit of a farminee an admission of a relative uncertainty of the prospect? (Is it confirmed that they are in fact looking for a farminee for the Senegal prospect?) If the prospect is solid then as a shareholder I would rather contribute a little more to retain a bigger slice of the action......what say the rest of you?
FAR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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