Contingent wells, page-43

Great thread Whisky, great post Kfann, although I don't agree with point #8.
The JV IMO have to either declare the find commercial or keep drilling. The idea of us sitting here half pregnant fills me with dread. I will be looking for drilling or DOC but I won't settle for neither. If FAR is left to flounder in no mans land then we all know what will happen.
I'm expecting a DOC sooner rather than later as this is what the 2 JV partners that say anything have clearly stated. I have no problem once we have DOC to taking a break to plan the exploitation phase. This will hopefully give FAR the chance to raise at a much higher level than where we are currently.
On the SP, I doubt any investors here would have thought that after 2 wells drilled with stellar results and the 3 rd well being drilled that our sp would be at 10c. I for one can make no sense of it. DB