Quarterly, page-149

Hi Gazzer01,

I would love to have the same mate, unfortunately my crystal ball is a little glazed at the mo

I think the valuation table I posted earlier which was triangulated from Edison & CNE, then applied to FAR's share is a good guide to what each of representative leads and prospects could bring in post being trued up, and or matured.

A lot of our destiny immediately is based of course on the ability to being able to deem SNE commercial. This is our current focus and IMHO is the determinant of our future, check out the SNEball effect. I personally think that the valuation of these leads and prospects will not be incremental but will arrive quickly as SNE will trueup many of them and will result in the start of takeover offers. FAR is worth more than the sum of its parts currently, they know this, we know this.

All fluffy talk aside;

In my honest opinion the SP Timeseries plot could look like this;

1. Opec cuts production
1. SNE deemed commercial
1. FAR taken over

I have 3 "1's", as I honestly believe there is a huge likelihood that the JV is holding onto detail awaiting a recovery of sentiment (Oil pricing) whilst slowly plotting next steps and being ultra conservative (see drilling cost savings and free wells for evidence), before then taking the covers off and unveiling what they have. (wouldn't you)?

Clever yes, frustrating for us??? maybe.

Per JP's epic post this morning (someone for which I have an enormous amount of respect);

"The drill bit will speak..... for me (him), end of story......

Im happy in the knowledge that everything is going to plan, and as it turns out, better than planned, and I will wait for my day in the sun."

In all reality, JP knows better than many of the hundreds of posters on this forum the rarity of this find, furthermore the value that can be extracted into the future.

Like JP, I await my/our day in the sun!
We are but one catalyst away from a revaluation IMHO, DYOR!!!