Key points from AGM, page-163

Cujo

You cherry pick negatives and cast aspersions willy nilly but that is your perogative. (Why does spellcheck insist on prerogative? - the destruction of the English language is nigh to continue your doom and gloom theme).

You can't make an omelette without breaking a few eggs.
Whilst the FAR SP has been extremely disappointing (they are not the only Oiler or Explorer in that category), if a few things go right in the near future all that pain will be forgotten in a heartbeat.

I believe in the positives or I wouldn't be (heavily) invested here.

FAR
A great management team.
SNE (pretty much in the bag)
PE (50/50?). But if that comes in, well well well. No hint of a backer? After all this time, I would be astonished if FAR didn't have that one sewn up even if they haven't opened the kimono.
Gambia (55% official COS but for obvious reasons to anyone who has been following developments I think its much higher than that). Petronas clearly think there is a reasonable chance there but I will concede that $40m to them is a button off their shirt. I will also concede that at this time, to me, this values FAR's 40% at (only) $40m as well.
Guinea Bisseau (Potential)

If PE or A2 come in we will all be singing hey nonny nonny and frolicking with gay abandon and you will be standing in the corner with a three cornered hat muttering gadzooks and forsooth did I get that wrong with a bemused look on your face. And even if they don't come in, SNE alone is a goer.

But you might be correct - it may all end in doom and gloom. We are getting towards the pointy end(s) so we shall see.