FAR 0.00% 52.0¢ far limited

What are the catalysts now?

  1. 16,264 Posts.
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    I agree with Whisky and others that we now have the majority of the story before us with only the porosity/perm and formal statement of 2C for SNE (and perhaps at a stretch FAN???). So what are the catalysts that will keep us in FAR going forward?

    1) 2C and any other news on the reservoirs and regional model (April/may)
    2) Appraisal and evaluation plan approval by Senegal (April/May)
    3) CNE Capital Markets Day with hopefully lots of detail and lots of enthusiasm!! (11 May)
    4) AGM (15 May)
    5) Roadshow presentations to shareholders and presumably instos and brokers (Late May)
    6) Possible sale of assets ... Australia? GB? Other innovative funding arrangements? Possible buy-in by corner-stone investor??
    7) Corporate interest in FAR or CNE (anytime but most likely late 2015 early 2016)
    8) Award of options to staff and management leading to more promotion (eraly July)
    9) Announcement of rig contract for 2015/16 program (anytime but most likley May/June)
    10) Annoncement of mobilisation of rig (September?)
    11) Appraisal spud at SNE-2 (October)
    12) SNE-2 drilling report (November)
    13) Spud of SNE-3 (November)
    14) SNE-3 drilling report (December)
    15) Corporate ineterst in FAR????
    16) Spud of exploration well on Sirius or Soliel or Bellatrix
    17) Drilling report on 16)
    18) Corporate interest in FAR

    All dates are approximate and subject to change, delay, frustration and corporate manouveurs!!

    So a few things on the horizon!!

    H
 
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