FAR 3.09% 47.0¢ far limited

african petroleum hits oil in lb-08, page-19

  1. 1,510 Posts.
    Yep - very good signs here, as discussed previously, the initial Ann IMO, was the start of a serious discussion with regards to a JV - a guarantee if you like.

    We then get the signature, certianly quicker than what was expected.

    Now we are seeing a buying surge...

    The deal cant be done yet, but IMO must be very close to the paperwork being signed.

    4c is the current ceiling, IF we get a JV (which is close - IMO / DYOR) we should see a reasonably quick run into 6 - 7c.

    All speculation - but very happy to still be holding after the FLOW aquisition & the lows of the 2c mark...

    Steady hands win the day.

    Cheers!
 
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