FAR 0.00% 51.0¢ far limited

comparison to hardman resources

  1. 2,532 Posts.
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    At the risk of sounding too optimistic and apologies for so many posts in the forum, but I have been trying to think about what a large find could mean to FAR, I have also been reading and researching other analyst opinions and comparing against other similar companies who had successes based out of Australia in foreign markets.

    Looking at the report www.far.com.au%2Fwp-content%2Fuploads%2F2013%2F11%2FStockAnalysis-Special-Edition-on-FAR-16-Oct-2013.pdf

    Published by Peter Strachan on the 16th of October 2013, there is a sentence within the report;

    "FAR is well capitalised, with cash of about $25 million and a further US$5 million due from Cairn Energy once government approvals are in from Senegal. The stock is well positioned to emulate the successes of Hardman Resources in the early 2000’s."

    http://goo.gl/FOyjTG is the link to the historical Hardman share price and growth from 2 cents to 2 dollars, with the share price history attached as an image.



    Do your own research, but I honestly think that FAR after obsessing over it for the last year could emulate the likes of Hardman pending success in Senegal and the Farm-in news and success with L6.

    This is why I am here. Selling out completely at 15 cents to me would be shortchanging yourself. FAR pending success could be a 50 bagger!

    Call me too optimistic, but as per the Hardman success - it is possible!

    I will now let others start to fill up the thread and go back to my cage ;)
 
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