FAR 0.00% 52.0¢ far limited

Exploitation Plan

  1. 2,260 Posts.
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    So hoping that the quarterly gives an update not only on the Gambia but also the exploitation plan.

    There has been mimimal discussion about what the issue was that the Govt.did not like in the PE docs (as reported by FAR) but with all the press out there and increased checking with WB type funding most likley approval, funding and just general progress are all linked to each other and assume a lot going on behind closed doors.

    I think was we get into 4Q19 we will see some movement in general and FARs SP heading towards double digits. Holdng in FAR is a medium term strategy as once funding is in place, equip position confirmed, costs are real and oil about to flow i think value will appear overnight - then its just about waiting for that upswing in the oil cycle and time to move on.
 
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