Ann: Samo-1 well unsuccessful, page-58

Well finished my buying spree and average now 8.5 cents.
Who would believe it.
Another .003 cent rise and I am square....amazing.

I don't want to here about PE as I believe its dead.
I don't want to hear about how great Cath is.
I don't want to hear about PC quivering in his boots.
Lastly I don't want to read the pom pom brigade ramp away.

I doubt they will drill SOLOO anytime soon as that will cost money.
FAR now need to consolidate the SOI as a priority or they will become irrelevant.
They will get some cash back from this drill from Petronas which they should be prudent with as the last thing Cath needs is a CAP raise while she realises the mistakes she has made and ponders how they might get out of this before they lose SNE by a company takeover.

Again the realists on these threads who are much maligned by the majority have again proven to be on the right track.
Only a couple believed this drill would be quick as the Stena's record is just that.
Again only a few believed the first target zone was passed with no hydrocarbons and a plug and abandon was also on the cards if the second target missed.

This is no gloat by the way as I am now loaded up.
I'm loaded up for one reason only though....takeover.
FAR are now not in a good position IMO and are wide open.
The instos who have taken up positions will easily be tempted with a takeover at the right price.
Even FARJOY would be underwater.

With all these major oil companies moving in to Africa I don't see FAR being around much longer.