I voted for the latest round of options and I think they are...

First 2 Last

Share
Profile

Follow
mojohand

6,396 Posts.

277

27/03/16

11:06

Post #: 17365917
Share

Originally posted by Craw-Vert ↑

Happy Easter all...maybe its time to bring a little positive perspective on FAR management;

Our team should, by now, be getting some insight into the Djiffere possibilities.

Securing that block of dirt and getting the seismic run over it so quickly in conjunction with the partnership seismic was outstanding work.

FAR alone are handling that objective and, because we now have inside knowledge of the source rocks and the migration pathways, it looks a real contender to bring us more wealth......well done and great work to Cath and the team.

The JV, (100% inclusive our little explorer, FAR), will be all over the extended joint seismic of our main blocks and will be tightening up leads to the east and to the north on trend.....lots of work and a lot more definitive evaluation when it is correlated to the cores. Cath will be an integral part of this work and also will be equally calling the shots for the next rounds of drilling..appraisal or exploration...again, well done to Cath and the team.

Meanwhile team FAR are not standing still with our other prospects and we should be hearing more about them over the coming months....

GR has not had an easy time since coming on board Team FAR. GR came to the company to, amongst other things, bring his connections to the oil industry funding options. He arrived in the middle of the biggest OP slump ever. Give him an OP bouncing of the bottom and some renewed interest in energy stocks in general and he will prove himself.....he comes with very high credentials and is well known and respected. All he needs is a break and hopefully that is getting nearer......

Nothing can change the fact that FAR have discovered the largest oil find for both years 2014 and 2015 with nothing, as yet, trouncing that find in size. The SNE field is still growing and, with the next drill and the enhanced seismic/core results WILL get a lot bigger.

I voted for the latest round of options and I think they are sufficient and, when/if exercised correctly, should see our executive team holding more skin in the game. A value held in shares and susceptible to the same ups and downs as general shareholders. If they are not handled correctly I will not vote for more. I would hope/expect other shareholders would do the same.

I am more than confident that we will be rewarded with a much higher SP in due course. Nothing I see indicates otherwise. At the very least DOC will see a serious re-rating of the company.....let alone all the other indicators such as more oil/new leads/another farm out etc. etc. etc..

Go Team FAR!

Expand

I voted for the latest round of options and I think they are sufficient and, when/if exercised correctly, should see our executive team holding more skin in the game.

If exercised correctly it's not really skin in the game is it. I mean, it only becomes skin if the SP ever falls below their very attractive exercise prices.

FAR Price at posting: 9.7¢ Sentiment: None Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

AII

Inside the depths of Panasqueira: A legacy carved in rock

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

Trump chides Powell as Goldman call for calm. The RBA must be nervous

First 2 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 35.0¢		Change -0.010(2.78%)		Mkt cap ! $31.88M

Open	High	Low	Value	Volume
36.0¢	36.0¢	34.5¢	$249.8K	715.9K

Buyers (Bids)

No.	Vol.	Price($)
2	5716	35.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.0¢	24802	2

View Market Depth

No.	Vol.	Price($)
2	5717	0.350
2	90245	0.345
2	55596	0.340
1	1000	0.335
1	8000	0.330

Price($)	Vol.	No.
0.370	24802	2
0.380	11001	2
0.385	4502	2
0.390	31191	2
0.400	29998	1

Last trade - 15.48pm 07/07/2025 (20 minute delay)

FAR (ASX) Chart

I voted for the latest round of options and I think they are...

Inside the depths of Panasqueira: A legacy carved in rock

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I voted for the latest round of options and I think they are...

Top Stories

Inside the depths of Panasqueira: A legacy carved in rock

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News