CR-What about Debt raising ?, page-18

Oli ..I also see similar figures with maybe another $10 mill for a third Senegal well. So if the results stack up a few cents dilution now will be all forgotten about in a few months time. ATM I'd prefer to see FAR hold 15% in FAN-1 and SNE-1 and hope they are offered a larger slice of the pie in future Senegal wells. Maybe news coming for some new acreage in Senegal to top things off.

I've never seen a CR as dilution if the assets are growing at the same rate and in Senegal the growth may turn out to be exponential. Dilution for me is when a company has one shot at a well, it fails and with nothing left in the bag a CR has to be done at give away prices for the company to survive - this is hardly FAR's present position.

Gotta love a CR at 11 cents. (sorry for the plagiarism gotta if you're reading FAR thread but I'm sure we all miss those gotta comments - still not to late to use some of your past profits to jump back on FAR IMO - tried to get you back in the 7/8's)

Cheers Oli

Plugged

PDYOR