FAR 0.00% 50.0¢ far limited

announcement - not really exciting at all, page-53

  1. 3,790 Posts.
    Aquamale28..
    Agree..
    its pointless trying to add NEN or even Meo into a conversation with Far...

    Far is risking zero funds at the moment....both NEN & Meo risked the company on an unsuccessful drill....loosing the majority of there cash...

    Another error doing the rounds is the idea that the $8million is needed in case funds are risked...short term...

    No....
    There is an opportunity soon to present itself regarding Kenya in a joint venture with Pcl....in my opinion...

    Using only logic and no inside infor u should be able to deduce that Far is interested in expanding the Kenya acreage ....specifically that held by Pcl near Sunbird....

    The brothers from different mothers have an established relationship and logically would keep it in the family if at all possible..

    Pcl currently has significant opportunity to renew a licence and subsiquently exchanging 50% to Far for some urgently needed cash....

    Far is more bullish regarding the Sunbird discovery than BG or Pcl....
    The only people not in the loop are the owners...ie u and me and other shareholders...

    As I say....u don't need to be spoon feed....
    Dyor


 
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