FAR 3.30% 47.0¢ far limited

Malcolm / Wasa, How good to hear from some of my favourite long...

  1. 230 Posts.
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    Malcolm / Wasa,

    How good to hear from some of my favourite long termers.

    I could not be happier with events and I have been known to be a critic of management and what I perceived to be their tardiness.
    Farm ins with CNE and COP - big tick.
    CNE successful drilling campaign - tick (as the rig had some downtime).
    Drilling targets - very big tick. We can't underestimate just how difficult offshore wildcat wells are.
    Future funding - big tick.
    Future planning - COP and CNE actively looking at the appraisal for FAN1 and SNE. This is a very important development.
    Cornerstone investor - FARJOY. Appears to be a strategic investor and in for the next phase of appraisal drilling.
    Other prospects (Kenya and GB for starters).
    As a long termer there is a lot to get excited about. I don't have a huge holding but I am completely immune now to the daily fluctuations we are witnessing.
    No doubt further opportunities to buy further in the next 6 weeks before assay results from recently completed success.

    Cheers
    BF
 
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