OK, Im a bit of a conspiracy theorist.
Its got to be Ophir we joining.
Ophir private company.
On FAR s presentation a few weeks ago they show a chart with all the big spenders in the region, on land and in water.
Big mention of Rio and the likes and a very big mention of Mittal. 3.5 billion to be spent in West Africa by Mittal.
Yes we playing with the big boys as per previous releases.
Guess who major shareholder of Ophir is??
Yes thats right Mittal...
Current Ophir board member is ex Tullow....
A buy order at 6c already for Monday...someone getting in ealy.
This is great great news...either way....a swap is awesome...To swap some rights in a well to be drilled within 6 months for some rights in an untapped potential like Senegal with no drill guarentees means for the first time some good sentiment is legitametly being shown for Senegal and not just ME talk up.
The only thing been holding the SP down is sentiment and that can not be the case now.We will see the true value of FAR SP now, that im sure of....
This is the first announcement of a few to come and look out 20c over the next 6 months...or even 30c like good old Hartleys mentions...
We becoming a good little dealer and shaker in the West Africa now....
Id say the FAR team been pretty busy indeed.
Imagine the work to look into the drill they farming into to...be intering to see the percentages of the swapsies...
Good luck to one and all....
Yippee!!
And yes im getting ahead of myself ...stuff it why not ???
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