FAR 0.50% 49.5¢ far limited

discovery in senegal could be worth 9 billion, page-19

  1. 3,891 Posts.
    totaldv8.
    You have to admit though its quite amazing that a year ago the sp was over 10c, when FAR had a 30% lease on Senegal and they were still trying to attract a farm-in JV partner.
    Fast forward to today and they have 90% operatership, 3 written offers, one from a major, with the clock ticking and an announcement imminent and the sp is only 5c.
    Personally i can see the sp moving up in the next few weeks and wouldnt be suprised if it gets up around the 7-8c mark, pre-announcement.
 
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