Good post CV, too much time here is spent on hypothetical crap.

First 3 Last

Share
Profile

Follow
gibbo111

487 Posts.

73

27/03/16

11:41

Post #: 17366005
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

Good post CV, too much time here is spent on hypothetical crap.

FAR Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

YAL

Yancoal makes it into the ASX200 in latest S&P rebalance

IDA

Minos REE prospect looks promising for Indiana, with 90.5% TREE recoveries

CXO

Lithium Australia sells Charger Metals shares to Core Lithium; divests Bynoe stake for $500K

EMN

Euro Manganese inks offtake term sheet with Irish chem company Femocat Ltd

There are more pages in this discussion • 97 more messages in this thread...

First 3 Last

Add FAR (ASX) to my watchlist

(20min delay)
Last 49.0¢		Change -0.005(1.01%)		Mkt cap ! $45.28M

Open	High	Low	Value	Volume
49.0¢	49.0¢	49.0¢	$144.2K	294.4K

Buyers (Bids)

No.	Vol.	Price($)
4	104656	48.5¢

Sellers (Offers)

Price($)	Vol.	No.
49.0¢	9170	2

View Market Depth

No.	Vol.	Price($)
3	104649	0.485
2	110000	0.480
1	100000	0.475
1	100000	0.470
1	50000	0.425

Price($)	Vol.	No.
0.490	9170	2
0.510	222895	5
0.515	103300	2
0.520	421965	4
0.525	100000	1

Last trade - 10.56am 09/09/2024 (20 minute delay)

FAR (ASX) Chart

Good post CV, too much time here is spent on hypothetical crap.

Red Mountain Mining: record gold prices, two projects, two greenstone belts

Yancoal makes it into the ASX200 in latest S&P rebalance

Minos REE prospect looks promising for Indiana, with 90.5% TREE recoveries

Lithium Australia sells Charger Metals shares to Core Lithium; divests Bynoe stake for $500K

Euro Manganese inks offtake term sheet with Irish chem company Femocat Ltd

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Good post CV, too much time here is spent on hypothetical crap.

Top Stories

Red Mountain Mining: record gold prices, two projects, two greenstone belts

Yancoal makes it into the ASX200 in latest S&P rebalance

Minos REE prospect looks promising for Indiana, with 90.5% TREE recoveries

Lithium Australia sells Charger Metals shares to Core Lithium; divests Bynoe stake for $500K

Euro Manganese inks offtake term sheet with Irish chem company Femocat Ltd

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News