FAR 0.00% 48.0¢ far limited

fear of missing out, page-2

  1. 1,648 Posts.
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    baglimit: hope your right.I have now sold enough to be not overexposed which I have been in the past.Still holding plenty to make some real money. To the newbees, some of whom have fallen in love with the stock I make one suggestion.Have a look at the price variations while NDO was drilling its recent high impact well. The target was about twice the Kora target. It DID NOT run while drilling.I hope FAR is different , but in current market climate I doubt it. Before anyone jumps on me , the Gindarra well was also rated a 50% chance.Number of shares on issue similar but NDO is producing a lot more than FAR.

    My simple advice, not needed by the majority of old stagers, is to take some profits if you have them and sit back and hope like hell for oil with the remainder.
    I've said before there will almost certainly be shows as the technology is very good and all positive.I hope it is commercial. I'm a very long time believer in FAR. It's the best punt on the ASX IMO.All is not lost if Kora fails as it's othe interests in Guinnea- Bissau and Senegal ensures ongoing interest. Best of luck to all holders. We're overdue for a big result IMO.
 
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