CNOOC to take SOSP - FAR AMI?, page-145

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25/07/18

13:11

Post #: 34555354
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Originally posted by cujo ↑

Sadly these threads have gone stale.
Only a small core of diehards are left here repeating the same mantra they have repeated since discovery of the FANS and SNE,
Any posters with an alternate few are ostracised or advised and pressured to be put on ignore by the diehards.
They defend the indefensible with calming words and graphs that show the SP is where it was 5 tears ago and believe that's a success story.

FAR have a 15% share in a huge field in Senegal yet that reality does not translate to the SP, or does it?
When talk of consolidation comes up (FAR has 5.6 billion shares) the diehards say no it will be too risky to do till we are in production.
Why risky if the resource is so large and SNE is such a compelling asset?
Management have continually raised at a low base to get to where they are now and the SP has suffered.
Market cap is larger only because of these multiple SOI but most punters besides the diehards are only a few cents up and even the diehards are only 5 cents up over all those years and discoveries.

As some are saying communication is only relayed to the few to feed the many who regularly get disgruntled to appease them.
Emails, subliminal messages, private conversations all relayed by the few to the masses.
Its not a good look and pretty poor IMO.

SAMO now it seems is the saviour.
A wildcat with a 50% cos.
This month management were going to tell us where the hole was going to be so the rig (is it still the Stena?)
knew where it was going......still we wait on that
Petrosen farm in...cant drill surely till that's given the ok.
Erin....what a mess yet we are told it does not affect FAR one bit.
DJ...another mess yet we here nothing.
PE....the old chestnut that will give FAR 50% of Senegal.
Timelines....out the window on all fronts.
Quarterly coming up to tell us where we were for the last 4 months which we already know, don't we?

Yet apparently everything is going along swimmingly.

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"here repeating the same mantra they have repeated since discovery of the FANS and SNE"

Lol, you are not wrong there!
Go take a look in the mirror.
Continuing the dour misserable outlook on the world!
Sell, sell now, sell now and be gone!

FAR Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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CNOOC to take SOSP - FAR AMI?, page-145

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CNOOC to take SOSP - FAR AMI?, page-145

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