FAR 1.02% 49.5¢ far limited

I think this will be the Senegal extension. I think in the...

  1. 1,931 Posts.
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    I think this will be the Senegal extension. I think in the coming weeks we will see some kind of joint venture announcment... couple of things to consider:

    1) There have been companies 'reviewing' our data for years, it would be near impossible for them to create all the paper work required for announce a JV between Friday (when we went into a trading halt) and tomorrow. IMO - expect a JV in the coming weeks.

    2) This stock has reached levels of 17.5cents not so long ago, I think the Senegal news will shift the SP to 10c+ and probably 17c range when a JV is announced...

    also take into consideration AP drilling a well which forms part of our accerage... and if we get the 3m off China we might be in a position to have another JV partner for L9...

    Cheers,

    Ele.
 
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