FAR 1.04% 48.5¢ far limited

getting set to pop, page-4

  1. 19,875 Posts.
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    I'm not thinking .35 at all.

    I'm thinking FAR has got plenty of upside if sunbird is a good well and proves the value of the kenyan acerage ... on that basis i think up to .08 in coming month or so.

    Before senegal spud it could run to .10ish and then a pop to .15-.20 should they hit the good stuff on the first drill.

    As I say. I'm free carried, having bought in the .03s and sold two thirds of my holding on the last pop to high 5s (high fives all round)

    I do wonder now if I haven't sold too soon, but think my current holding is an all or nothing bet on senegal coming good.

    we'll see i guess. I do expect the big buyers to push this higher at some stage in coming weeks. May be hard to resist taking the quick and easy profit off table should it run all the way to the .08 region I'm expecting.
 
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49.5¢ 2000 1
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