FAR 0.00% 50.5¢ far limited

Oil glut is our biggest impediment, page-21

  1. 55 Posts.
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    As a long term holder of far, I have seen the ups and downs in sentiment and since last years discovery I have also witnessed holders believing that a huge upswing in sp is imminent. The elephants are in the ground and much is yet to be done to prove up this asset. Lets not forget that possible production of oil is probably 4 to 5 years away. What price will oil be at that stage? Will there be a glut by then? Will far still be a player in the jv? Takeovers are always a possibility, so to are future cr's. Last xmas we were waiting on our presents. This xmas we wait again.
    IMO far has become long term set and forget. Bring on more farjoys in the future and then the rewards will come. Large investors will time this right, and hopefully its sooner rather than later.
    Ps santa ive been a good boy. How about coming my way soon.
 
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