"On what FAR is worth...well I think the brokers are close to the money..I.E....
SNE our 50m barrels 17c (up that by 50% for Caths "watch this space") equals 25c"
That's interesting 17c for 330m SNE 2P4 is exactly what my spreadsheet says for SNE alone if I turn the BROKER SPEAK option on (8.5c otherwise). Watch this space 500m barrels takes it to 30c broker speak (15c otherwise), though one wonders how the extra productive thin sands CN mentioned could increase estimates by 50% but we live in hope!
I jagged another 100000 at 8.6c the other day
pj
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