Yes it was a very clear statement of intent IMO OOO and indeed it got the juices flowing...
I get the feeling financing it has now become the main focal point for the board in particular and PE could end up being a be a big part of it. A2 might end up being icing on the cake or it could end up being the cake but SNE , as it is now, is a Company maker, anything else just makes it bigger...
FAR have stated before they would like more not less of SNE and who wouldn't .
With CNOOC in the background any sell down of CNE's stake also enters the picture for FAR , I doubt they will try COP's approach if they do sell down...
It would be nice to fast forward to see the ending but for me at least it's really bottom drawer stuff but I still enjoy it a on a day to day basis , it's a very bold little Company and as the new director has depression issues , working with the delightfull Cath should should be a good tonic.
Cheers Whisky
FAR Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
(20min delay)