FAR 2.02% 50.5¢ far limited

far presentation, page-5

  1. 739 Posts.
    although there is still high risk i think we should start getting excited about FAR, lets not create a negative perception....perhaps the general perception is that the risk associated to the licence extension is too great, and we may not see a sharp run up in SP before ann. unless there are leaks.However if FAR were to get the extension then i can see the SP rocketing to 10c++ with everyone jumping on board because the hard part will be over, JV will come no doubt about it so the SP IMO will factor in a very good JV partner deal immediately after licence ext. and perhaps the more optimistic investor will even price in a few drill holes in the not too distant future so i think providing we can get that extension, FAR will NOT look back and leave the 4-5c region far far behind...if you dont get into FAR now, while its below 5c, and it doesnt have a run up before lease ann. then your next chance IMO to get into the FAR story will be in excess of 10cps...all providing the lease is of course extended
 
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