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Ann: Senegal Drilling Update - Successful SNE-4 appraisal well-FAR.AX, page-49

  1. 824 Posts.
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    A DOC is almost a given after the latest released announcement, but guided by the shining results all the way through the appraisal programme, it is nothing more than we expected, but a major relief after SNE-4's "Delightful" (CN) results, and such a crucial well to scale all evaluations and a definite winner.

    Once again SP factored in. With a formally mentioned break in the current operations, the buying interest, or for fact that the shorters will panic, there will not be any sort of frenzy or fomo, either way you look at it.

    ASX 200 appears unlikely again, and nothing short (pardon the pun), will get this baby rolling, bar a DOC, or a left field event of a JV partner offer or sale. Not being negative here, but we require a formal statement of commerciality, and then the solid investors will begin to take part. Very important asset.

    SNE-4, fantastic news and paramount comfort that we can start organising the party gear. Should be a great discount a year in advance, we must hold tight.

    Also noticed Major Ya's enthusiasm straight up. Positive plus!!!

    Repetitive, but eventually, sooner , rather than later our virtue of patience will no doubt be rewarded. The time is near, and the asset continues to expand, "How good is that"!!!
 
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