FAR 5.15% 46.0¢ far limited

extremely bullish after bouncing off support, page-29

  1. 13,011 Posts.
    lightbulb Created with Sketch. 777
    The Alchemist: If Shell walks away, FAR's sp will go down a lot - at least temporarily. Everyone should certainly be well aware of this.
    FAR might indeed attract some other interested companies. To my mind, the Chinese will have a close look. BUT: Any new partner will re-negotiate with FAR in quite a "heavy-handed" manner I would assume, i.e. FAR would get less of a good deal than with Shell. All JIMHO.
    wasa
    P.S. I certainly wish for ALL FAR holders (incl. myself, of course) that SHELL does go ahead with the project!! Otherwise, not such a nice scenario.
 
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