The beautiful thing about Investing in FAR at the momment is that they area no one shot pony. Even in Senegal they are having two cracks at it, but with Kenya developing, with a Farm in in place and more to come and with off shore WA now and the other opportunities we know that if Senegel fails there is plenty of opportunity elsewhere. But this isn't the way I think at the moment, I tend to believe Senegal is going to either prove commercial right away or at least show enough to warrant further exploration and development. And very soon after that first announcement Kenya will kick off. Add WA to that and we have the perfect storm.
i don't know about you other longs but taking this view helps create the patience that Stroud is talking about. I think i would rather wait for two or three successes than just one because every success leverages everything else up. But that's easy to say, harder to hold too. Needless to say I continue to be a very happy investor in FAR.
good luck all FARs, and giddy up.
FAR Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
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