Just note though that we are only talking about a 5-6 British pence increase in SP. It's not pounds.
Re: your last sentence - that's exactly what I'm eluding to. Must say though that I'm not totally comfortable with a marriage with CNE. They seem to consistently "overrun" on costs. BUT - Perhaps, this time it is warranted and we might have a significant success in Senegal as a result of a sterling and very prudent approach taken by Cairn. If that's the case, I say: Go for it FAR - marry CNE! Give them a stake in L6 on condition that the word "overrun" costs never be mentioned again while CNE is drilling on FAR's acreage - and give them another 5% in Senegal leases to cover all future drilling in Senegal (is this what FAR eluded to in their recent slide presentation? we'll have to wait and see.)
Good luck
FAR Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held
(20min delay)