forty days and counting down...

it has been 20 days since kora was declared a duster - so ophir has 40 days to elect to take up the senegal lease option - not a great time for securing exploration deals esp. with global markets tanking big time - germany down 4% / ftse down 2.5% tonight and US futures currently pointing to a 210 point plus fall later tonight.

interesting days ahead as we move towards late september- tick tock goes the count down clock...

i am still very interested in purchasing a very large parcel of FAR shares but not until the SP is south of 2.5 cents. only thing is SP looks like it will most likely there before ophir formally walks away from senegal lease option, which just makes me wonder how low with the SP go when ophir walks - sub cash backing? (i.e. less than 2 cents)?

a very possible scenario imho.