FAR 1.00% 50.5¢ far limited

something to ponder, page-15

  1. 726 Posts.
    Goodafternoon All

    Well i may be right about a bounce in the share value just might be out a few weeks thats all.Thanks Tesla1899 the charts look good to me as well.

    Just been cruiseing my fav web-sites and watching the idiot box.THE BBC news is saying the Kazakhstan oil workers are going to be burning the town for some time yet.

    And then you have the idiots facing off tanks in down town cairo which is distable effect to the jewish state of isreal.

    Than last night the last of the Yanks got the message that there not wanted in there 51st state of iraq so there turn tailed and headed for kuwait were there just a little on the nose there.

    Than you got the Kingdom Of Bahrain (my former home for the last 5 odd years)
    there seems like the locals are still not to chuffed with the king there so there doing what comes normal to them and that is burn down stuff and the police get to shoot them for that, I hope any of my mates don't get hit.

    Than Of course you have my fav topic at dinner partys which is STRATES OF HORMUZ in the bottom of the gulf area which is more or less operated by the Islamic rep of Iran.
    STAT'S for the Strates of HORMUZ
    33% OF WORLD OIL PASS'S IN THE STRATES (DAILY).
    90% OF G.C.C OIL PASS'S IN THE HORMUZ STRATES (DAILY/YR).
    THE HORMUZ STRATES IS ONLY 54km Wide at the narrowest point.
    Every 10 MINUTES a oil TANKER enters/passing in the strates.
    And if you are to belive the news head lines in gulf area.
    (Middle east online.com) we could be looking at a ever more unhappy Islamic republic due to U.S trying to make the world at large cut ties with the republic which is not going to have i belive the effect the U.S is hoping for but more over is going to increase the tenions in the region to a point were if there was a shut down of the vitel water way we are going to see oil prices go to record levels and put the westen empires in the passangers seat to the cost of oil for some time even with G.C.C states onside.
    As any body with half a brain and has lived in the area belive the U.S.A is not in that part of the world to reform it,there to keep the satus-qo
    And if the Iran republic start to long for what bagadad has got under there feet and Iran already has the numbers in (leaders in iraq) with most of the local iraq people/leaders are shia muslims
    Not ruled by sunny muslims familys like rest of the G.C.C
    ruled areas.
    Eg:UAE,BAHRAIN,KSA,KUWAIT,OMAN,QUTAR.

    Well after saying all that i belive buying FAR at the current share price sounds like a steel to me as FAR the company is exploring in the AFRICA area were we would not have to deal with the up coming turmoil in the next few years ,As the hic-up we are experences now with permits off kenya in east africa and the permits off the west africa coast of senegal and the serrounding area seems zero hassel compaired to what a lot of people are forcasting for the middle east area.hence why i belive that the MERGERS going on with big companys like in resent past show that there getting ready to shore up supply for the westen empires as a sort of back up if Iran decides to take there BAT AND BALL and go home so to speak....
    Call me a bit of a nut bag but it seems like a lot of IRAN boat people are coming to australia for some resoning, I don't think it is that the DONNER KEBABS taste better here because that just not true,plus it seems the rest of the G.C.C states are not jumping on boats and heading this way. so i would have to be suggesting that Iran is starting to feel the discomfort of restrections so you have to ask your self.How long will Iran wait to give its reply to the westen states ?

    Well i am off to do some people watching at the mall and have a coffee and a HAM sandwich....
    cheffy747
 
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