FAR 0.00% 50.0¢ far limited

Validating MC - 1/3 and 1 billion, page-81

  1. 1,068 Posts.
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    You a trader or just a QBL whizz-kid Roosian? (How's that working out by the way?) The real facts, whether SEN1 was a high risk prospect or not, are that it is now a significant discovery. Even Blind Freddy would be able to tell you that there needs to be a lot more work done, but, you would need to be a complete ostrich not to acknowledge that back-to-back discoveries are extremely rare in the O&G industry or that the consortium has met its' objectives in this current programme already....furthermore, the consortium may just have opened up the possibility of a significant new petroleum province. And whilst I agree that further CR's are inevitable, given the magnitude of these discoveries, I think you'll find there will now be a multitude of potential new investors, particularly from the resource fund type institutional investors who to date, have shunned FAR for obvious reasons. But you go ahead and put your views, but having watched QBL for some time, I do not put much credence on those views.
 
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