eme price, page-8

Hardman went through plenty of pull backs along the way and I would think FAR will also have its failures.
However it has less than half the script and is putting in place a revenue strategy that has an excellent chance of funding future exploration in the Senegal and SGT deeps. If they later run a bit short on cash they will be able to farm out some of their 30% of Senegal.
Their will probably be times over the next 6 months or so when they will over shoot based upon success expectation and as we have seen with Orchard the pull backs can be savage.
PSA is another that comes to mind and has shown what a little patience can bring having more than tripled in price over the past 12 months.
With 18 drills over the next 12 months even allowing for the inevitable delays and failures it is hard not to see FAR in the dollars re share price in the next few years or earlier.
Oilers though is generally not a patient game for most yet there are those amongst us having purchased HDR in the pennys kicking themselves for lack of patience.

Good luck to the traders...you will do well if you can pick it right. For the rest of us? well lets see what time brings.


cheers

debono