Sydney IP, page-22

hardmano: First and foremost: Many THANKS for your great reporting from the SYDNEY IP - how I envy you guys to be able to go to this event!
I have just a couple of comments / questions in respect to your paragraph "Share Price Catalysts":
- Market sentiment and oil price improvement.
I am not sure at all if worldwide "market sentiments" will be "on the up" and rather fear the opposite could be the case... (Grexit and all that).
- Oil price improvement
I am also not sure IF we shall see further improvements in the oil price, that has remarkably come back from the lows. A lot will depend on OPEC and the Middle East. All very much not easy to "predict". Could go either way IMHO.
- Farmin to another block (or other blocks - plural?)
I really, really do hope that FAR management will be EXTREMELY careful when dealing with this Timis guy (and have all legally nailed down in detail...).
Moreover, I cannot see this event to be a big driver for a FAR sp re-rate upwards?
- The drill bit! NATURALLY, that will be THE ONE. But that will only be from October onwards!
- Getting the CR out of the way!
Here I wonder and have a question for all you guys "down under":
Obviously, the CR is an event that "we have to have". BUT: Will it take place before end-June or after (because of your tax implications)??
AND: I really DO wonder how FAR will manage to get a CR done at a higher price level than the approx. current one without ANY share-price CATALYSTS seemingly coming about until the drilling starts again in the last quarter of 2015??
I still sense that attached options will be needed perhaps?? Time will tell.

Thanks in advance for comments.

wasa