FAR 5.10% 51.5¢ far limited

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  1. 230 Posts.
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    Elguido,

    I too am in at average of 11 and still taking in the news today. Tough to draw any positives but hopefully ME an the team hit the ground running. They know which companies are interested in the 3D survey so no need to reopen the data room for extensive periods (obviously they will need to offer the CSEM results when they become available).
    FAR will probably not be in such a powerful bargaining position given this knockback from Shell, however I think FAR can get over this and still have an exciting story to sell.
    The upside in the SP won't be as great but for all us LT holders we live to fight another day and get our patience tested again. There is life in this old dog yet and I continue to hold for the long term.

    Good luck to all.

    BF
 
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