FAR 1.02% 49.5¢ far limited

manipulation?, page-18

  1. 239 Posts.
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    Zipper I think your call of "north of 20c is not a pipe dream" is right on the money.

    Mbawa drill;
    3D for L6;
    AP’s Alhamdulilah drill in GB;
    JVP for Senegal;

    T/O is the likely outcome for FAR but sub 20c is just giving it away.
    Can anyone here say that if Mbawa drill is successful and the 3D for L6 returns good results that Cath would put up a for sale sign for sub 20c? I think with an oil discovery between or blocks in Kenya, that would make these blocks alone worth more than 20c.
    Before the last CR Hartley's had the 25% overlap of AP's Alhamdulilah being worth 40c+ to FAR. Still want to sell and move on for less?
    Now to the rest of good old Senegal (the reason many of us are here) with its 1.5b+ prospects. Senegal was at one time the company maker, now is it to be put in the same category as the Jamaican blocks? Company maker to wrapping paper!

    Money in the bank which gives Cath breathing space, lets see what the 2nd half of the year has install for FAR and with any luck this talk of a T/O sub 20c will be long gone.

    Good luck to us all.
 
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