Jade .................. its my belief that FAR will sell all or...

Jade .................. its my belief that FAR will sell all or nothing ie a TOTAL take over or nothing at all, if you look at all other leases they are well away from drilling (with the probable exception of GB), Kenya is a lost cause right now due to the tax and security situations and Australia needs seismic completed then exploration if they find something interesting so is years away!!!

I know they have stated they are interested in additional leases round Senegal BUT they don't really have the cash to do much however something could possibly come out if the JV is going after the leases rather than FAR alone, this would increase FAR's worth and make it more attractive to a T/O so we are back to my first statement; a T/O would be on an all or nothing basis.

Just IMO

HKP