Ann: Half Year Accounts-FAR.AX, page-25

Dr, the whiskey sounds great!

I do suspect the clever ones are currently averaging down (or perhaps even averaging up!) As frustrating as the situation is there are a couple of things that CN has indicated in a mail that provides ongoing confidence that if we can hang on then there is better to be had...a couple of the points -

> "...there is plenty to keep us in overdrive at the moment!"
> CN mentioned that from Petrosen to the President's office, Senegal is strongly behind FAR and the JV's progress to date...(me...I wonder whether she just forgot to insert a comma after FAR )
> re share price....."I can only dream about where we would be at the moment if we had made these discoveries in 2010-2"
> "Our industry has a long history of bouncing back and bouncing back hard so we have to get on with first class technical work whilst the costs are low and we will be well placed for that bounce"

Also suggested is most industry people are saying "it's the worst oil market since the mid 80's".

My words - In such a negative market you get very few small buyers, not to mention the dearth of large buyers - those that we need  to soak up even the quite low volumes of selling. When market sentiment turns things will get very exciting

There is little doubt in my mind that the FAR team share some of our frustrations, there is no doubt in my mind they are all hands on deck trying to turn the current into a future very positive.

I can't wait to see where we end!

dodds