LoveCCE I was going to say exactly what TciBoss saidYour...

LoveCCE I was going to say exactly what TciBoss said

Your analysis is more appropriate to oil and gas producers, not speculative oil and gas explorers

Also your failing to see what the mkt trend is, the saying is the trend is your friend and right now KAR MEO and now FAR show that the mkt has a huge appetite for high risk high reward exploration wells

So regardless of all the analysis the chart shows BUY in a holding pattern of 3c-3.5c

We know that sooner or later they will hopefully announce the drilling program at PEP11, what I'm saying is once they do the mkt will turn to this stock and it will run accordingly

FAR was 1.9c not that long ago and when it was 5c and I was told to buy I poked many many holes in it which I felt at the time was warranted because of the state of the mkts 3months ago, but just look at it now

I see the max downside on BUY being 2c but the max upside? 10c 15c? who knows

Hence for me its worth a punt around 3c