FAR 1.06% 46.5¢ far limited

A lot of catalysts near term, page-52

  1. 6,066 Posts.
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    Development plans will do nothing for the SP.
    FARs field size numbers will do nothing for the SP.
    Gambia farm out will do nothing near term for the SP, free carry or not.

    I should clarify when I say nothing, maybe we will get 10-15% pump for the farm out news and then return back to the absolutely miserable 6s. FAR too much fat on this company now to move the SP any great deal.

    Also we saw what happened with FAN original well, next time we won't be going in under funded to a campaign. Will another raise be required to make sure any contingencies are accounted for if we are taking part in a multi well program at the end of next year?
    Last edited by El Jefe: 23/09/17
 
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