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guesstimates of far's sp when first well spuds, page-47

  1. 202 Posts.
    looking back on the past few years looks a lot like Feb 2012,

    The Sp was around 3.3 then went to almost 7 for no apparent reason than we actually got the permits in Senegal granted.

    We had almost the same amount of money in the bank @ 23 mill and only a few less shares on issue @ 2.2 bill. I'm thinking around the same for spud, 7.

    Only thing is when, reading Cairns latest report, they just
    p&ged the last well and are about to move on to their next target, that should take about the same as the last (around 2 months) so we could expect a spud around mid to late March, plenty of time for the sp to go up, down and sideways.
 
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