"Why? What's the agenda? Why would someone start random ugly...

"Why? What's the agenda? Why would someone start random ugly rambling threads. Well it's pretty clear. To drive good posters away, drive down the quality of posts, cause devision and distract investors from talking constructively about what is actually happening. Sorry but you would be niaive to think it's genuine. It sounds like a cry from child, but it's not. It's cleverly crafted and put out for one reason only. To unsettle investors and destroy quality constructive analasys."

Another great post Jujum and the above is a wonderfull summary of the shenanigans that go on within internet trading forums and it never ceases to amaze me how many keep responding to these obvious agenda driven posters , probably with the expectations they will change....not a chance...we then have posters leaping to their defence saying we need all sides of the story.
Well we do but some of these characters are so obvious with their intent that reasonable discussion is not the aim of their posting....

FAR is a Company with large potential and potential is something that lies in the future not now, so there isn't a good reason to expect miracles now, it's just a slog..

What does an Oil Explorer need to acheive that potential:

1: Get someone to drill at their expense....Done, although we copped some over runs.
2: Make a commercial discovery....Done and a large one plus a potential back up.
3: Go on to appraise the discovery....Doing and with stellar results and large resource increases.
4: Raise cash to do the above...Done and in a terrible market.
5: Acheive a DOC and post reserves...In the process of doing.
6: Complete FEED ....expected to start early next year.
7: Complete FID....Likely towards the end of next year.
8: Raise funds to go to production...ahead of us if we get there.
9: Reach production and continue on as a producer explorer or sell with maximum value....ahead of us if that happens and in the 2019-2021 timeframe most likely .
10: Deal with any left field events in the meantime with the intention of extracting maximum value if possible...currently dealing with one...

So currently we have got to #4 , dealing with #10 with the likely intention of reaching #9 all this in less than 2 years to date.

Our current MC reflects a $ US 3 Bbl on our published 2C resources , which is above what has just been offered to COP and below what could reasonably be expected post DOC, which would include reserves, with an upcoming increasing in Resource ..have left our cash out as that will be spent, it will also likely add more to our resources and reserves..

IMO our current shareprice is probably reasonably valued as of today give the market were in but well below its potential which as stated earlier lies ahead of us, in a different time and a different market just as it does in all Companies that intend to grow....

Markets unfortunately don't always price in value added now thats true worth lies in the future ...such is life in the markets.

Cheers Whisky