Thanks BI for y'r input on FAR's patterns. Pls keep an eye...

Thanks BI for y'r input on FAR's patterns.

Pls keep an eye around on the SP/volumes etc in around 6 wks time (11th May Capital Mkts day preso on Senegal by Cairn as more details should emerge on planned well locations et al). I think after that we should simply see a sideways movement due to lack of any other news (unless there's a left field event).

U could argue that the current SP in the mid-9's is the new mid4c's that FAR was at this time last year.

Your point regarding 19.5c by year end, should tie in with the spudding of SNE-2 & the drill bit approaching the Albian sands which IMHO should bring in the volumes.

Should the JV opt for a 6 well drill program then I'd factor in a CR after the second well. So subsequent newsflow & events should dictate the emerging pattern & shareholder sentiment around FAR this time nxt year, all we need is volume. Cheers