stock resource, page-6

Thanks Chelmsford.

No matter what it costs FAR will still have 15% of 1-2 billion barrells of oil (hopefully) at 100 bucks a barrell - income over x amount of years.

Before expenditure that is

15% x 1 billion $ x $100 = $15 billion

obviously less a lot of costs but freakn hell if they a) estimate this b) announce a major jv partner and the c) prove up the resource next year then sky is the limit

Plus the other exciting projects this has to come good. Just need the news on Senegal then NE Waller, Stokes Bay, Schwing etc and off she goes. Just needs a little incentive to get moving!!

Im in for the long term ride which will see this as a massive massive multi bagger.

Sure current pullback is a little disappointing but rest assured this will be the lows til we hopefully get the news we are looking for.

Sensational potential this bad boy