FAR

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Fishy Oil...., page-19

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Oddoneout

2,991 Posts.

2708

23/03/16

13:34

Post #: 17346482
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Originally posted by Craw-Vert ↑

Burnsey...this stock is a 30 year old oil explorer that have been trying to find oil for a looooooooong 30 years......many other oil exploration companies have been around a lot less but have also been trying to find oil...lots have found oil but not in commercial quantities, either through lack of volume, quality or a host of other reasons. They could only dream of what FAR is doing.

FAR have hit the jackpot;

Lots of oil and increasing all the time
Excellent source rocks and migration
Good sands/pressures and gas cap for additional pressures
VERY high flow rates
VERY good quality oil
VERY good drill ship/team/JV
Great terms with Senegal
And many more leads and prospects to come within the source rocks to upstream migration zones.

In fact a new oil basin on this small planet called earth..........where new oil basins are thought to be a thing of the past

Just imagine you are one of the original FAR shareholders who have held shares in this company since 1986 and year after year you have waited for this magic time that has developed over the last one and a half years.........??? ;

Am I a cheerleader for being excited and relishing in the success and achievement of FAR.???

Am I a CN fan because I have spent many conversations with Cath and understand the hard work she has put in with the long-haul trips to far west Africa (whilst raising a family in Australia)????.

I fully appreciate all the work she has done with the Senegal Govt..... Her understanding the potential of the leads, using the BHP tech to get FAR access to meetings that may not have ever eventuated, securing excellent JV partners and Govt. relations as well as her own highly qualified board and exec team.

This is a very small company but a very powerful and dedicated one....forgive them if they dont have dozens of staff sitting around triple checking press releases. I'll be happy that they are intent on securing good ground and working to farmout more of the excellent ground they now hold

Over the last 12 months and for the next 12 months shares will pass from weak hands to stronger hands as the market players play.

If you can see past the day to day BS and realize just what is actually happening as they work hard to uncover this amazing find you will probably realize that all the fishy smell is, in fact, that you dropped a prawn head under your couch.

They are getting on with the job and when the analysis of the cores and the seismic is delivered and we have drilled the remaining holes to get to DOC and also as new leads appear from the new seismic start ordering some more prawns and maybe even a bit of caviar (fishy but nice).

Good luck and steady as she goes.....

Expand

Post of the Year thus far, CV.

And there have been some good ones.

OOO

FAR Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
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Last 52.0¢		Change 0.000(0.00%)		Mkt cap ! $48.05M

Open	High	Low	Value	Volume
52.0¢	52.5¢	51.5¢	$289.9K	557.5K

Buyers (Bids)

No.	Vol.	Price($)
1	1960	51.5¢

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Price($)	Vol.	No.
52.0¢	103276	2

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No.	Vol.	Price($)
1	5000	0.510
1	2495	0.495
1	47000	0.485
1	1999	0.475
2	92553	0.470

Price($)	Vol.	No.
0.520	103276	2
0.525	19005	2
0.530	101005	2
0.550	27285	2
0.555	10000	1

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Fishy Oil...., page-19

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Fishy Oil...., page-19

Top Stories

Cauldron Energy reports "excellent" uranium assays in latest drill run

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

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The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

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Featured News