senegal.. from cairn half -yearly presentation, page-8

Dangar if there is a 25% chance of success for FAR's Senegalese blocks a bookie would give you odds of approx. 4 to 1. In other words you put down $1 and if you're lucky you will get 4 back.

So the question I ask myself most days is this:
What would FARs sp go to if they get lucky in one of the Senegalese blocks. I think a realistic answer is 60 cents or there abouts.

So if I was a betting man I would look at FAR and think to myself it is offering an approximate 12 to 1 payout at 4 to 1 odds. In other words if I put down $1 and get lucky I get paid $12 when really any bookie would not give me more than $4.

Correct me if I am wrong, if this is a fair assesment the SP should be about 15 cents and its the best bet in town.

Just thinking aloud…..