Quick Buck, page-3

FACT is that the simple worst thing u can do in trading is to try and make cash too quick.you will get burnt!
Not if there is CR after CR and nothing is ever proven as commercial - check out NEN, MEO, ++ and if you sold after the pump you could re-buy and be a major shareholder right now.
FACT is that the people who are selling are selling into instos and sophs hands who are cleaning up the scraps and read the stock like a book and know exactly where its going to be in 6months time.
In 4 months there is no cash left on current burn rate - that will be at a 20% discount to market and the falling oil price could be going much lower.
FACT is that the big boys will be down at darling harbour tomorrow night celebrating with how many million Shares they have scooped up sub .1 and talking bout how its going to be some of the easiest cash that they have ever made once FAR sell their Senegal interest for in Excess of $3b
No company will pay 30M let alone $3,000,000,000 for an unproven tenament that requires 100s of millions to prove up and many CRs to get it there.
FACT is that FAR SP is now lower than what it was prior to to any Ann of confirmed oil.
This is a an oil discovery and nothing more - it is not commercial proven and may well never be. Check out heaps of other companies that have found an "active petroleum system" only for them to be a "commercial duster" after spending an amazing amount of money to prove the "commercial duster". Check out NEN, MEO, RRS, RMP, ++
FACT is that the 2 primary targets have exceeded FARs expections and there will be an upgrade of initial Estimates ontop of wat is already confirmed.
Meeting their own expectations is irrelevant - how much will it cost to prove up to be commercial and what are the project costs for a wild cat 100KM off shore, in 1KM deep water and 4 KM down?
FACT is that the in ground oil of SNE-1 is of ideal gravity(api)and being a shallower resource and within 100km off Senegal the in ground oil will command a price of above $10 a barrel due to its geographical location and will b a stand alone commercial operation for who ever buys it or the entire block.
Where is an objective model to prove that from a Wild Cat drill 100KM off shore,
in 1KM deep water and 4 KM down?
FACT is that Fan1 was an extremely risky well that has proved up a working petrolium system that's is massive and could be absolutely gigantic!
Check out heaps of other companies that have found an "active petroleum system" only for them to be a "commercial duster" after spending an amazing amount of money to prove the "commercial duster". Check out NEN, MEO, RRS, RMP, ++ They thought they had up to billions of barrels!
FACT FAR still owns more acreage that could bare oil than any other asx listed company and Kenya could prove up massive as well,personelly i'm quietly confident of FARs block off port Hedland adjacent to CVNs recent discovery.
Pure speculation - commercial discoveries are 1 in a 100++.
the ReaL investors who invest are cleaning up here guys and girls and u have sold into there hands after an extremely successful drilling program.
the best results and future prospects from an australian company in decades!
play smart folks and all the best
Nonsense