Malcy declares FAR 'a no-brainer', page-95

Will be interesting next week to see if the oil rally continues proving a bottom has been reached. The shorts then may be in a hurry to cover, coupled with our recent upgrade, and a possible results at SNE-3. A surge in the SP would be most welcomed.

I have to agree with you Aqua, with such success coming out of West Africa in recent times, massive oil and gas discoveries. It is only a matter of time before one of the big players will want to launch out of the gate first to get a piece of this prize and then hopefully all hell will break loose in a frenzied bidding war. Many eyes will just be sitting perched and ready to attack during the next couple of results. Of late, Senegal and Mauritania is certainly were the action has been, with perfect drill success records intact .

A lot of the major oil companies have been fumbling around of late spending hundreds of millions, up to billions with very infrequent success rates, and are now in the midst of budget cuts mainly towards exploration. This discovery is almost at the finish line as far as commerciality is concerned, and it all still remains under the ocean floor. The ORA is making it look all too easy as well. The most important question is, Who will be approached first, FAR or Cairn? For the sake of our potential value, hopefully it will be the latter.