IMO yesterday's rise and today's retreat is a very good example...

IMO yesterday's rise and today's retreat is a very good example of a shareprice looking after itself.....getting back as to why FAR hasn't put a written value on what a barrel of oil sells for is because they won't know untill the market is tested, it's very much dependant on any number of ever changing variables. For example reserves are value differently than resources but are sold as a mix, plus there are prospective resources not to mention the state of the market at the time sold.
They will have a very good idea of what they think it is obviously, but they won't speculate on it as it leads to disappointment if not achieved and can be seen by some as misleading..

IMO If anyone is looking for a short-term fix with a shareprice on a long-term project they will probably be disappointed , at best they might give a short term blip before the market does whatever it wants with it and we have seen this numerous times with FAR and hundreds of other Companies..

Management have virtually no control on the day to day action in the shareprice and are not paid to do so, the markets a much bigger beast ....


Cheers Whisky