FAR 3.85% 50.0¢ far limited

Saudi IPO, page-9

  1. 2,532 Posts.
    lightbulb Created with Sketch. 5
    Phil, Great to see you back on the thread mate. Welcome back.
    Sorry for monopolising the thread this morning peeps.

    I discussed the Aramco news into the late hours this morning over too many beers, wines and am feeling it this morning. I agree with everything you have stated. Very excited around the Aramco news - it looks legit as well. The end is nigh.

    http://www.ft.com/cms/s/0/fe31b278-b5fd-11e5-b147-e5e5bba42e51.html#axzz3wmSxJnQ6

    I don't know if you have ever see the wikileads exerts around the Saudi's talking up their reserves?
    http://www.theguardian.com/business/2011/feb/08/saudi-oil-reserves-overstated-wikileaks

    "One cable said: "According to al-Husseini, the crux of the issue is twofold. First, it is possible that Saudi reserves are not as bountiful as sometimes described, and the timeline for their production not as unrestrained as Aramco and energy optimists would like to portray.""

    Game on....
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.