FAR 2.91% 50.0¢ far limited

FAR / ME are not the type to throw a CR on a new venture. Unlike...

  1. 756 Posts.
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    FAR / ME are not the type to throw a CR on a new venture. Unlike some low cap explorers! For Jeez sake , we re got GB to worry about , with on going data and their aggressive farm in next year. ME road map always been to throw money at Senegal, find a JV that would finance a farm in and GB. There has to be trade some where. We re talking a massive CR , GB, pay the 5 million bond and finance a new farm in! Its just not going to happen.

    ME held out for this long, gave the Senegal Government notice of a 5 million bond , its a bloody good indictor that his held his ground and got the terms he wanted. Which has always been about reimbursements for the data at Senegal that amounts to 21 million , plus 5 million bond if its paid.

    May be a coincidence, the TH comes 3 weeks after FAR announce they re taking up the Bond! That may have been the icing on the cake.

    Whats about to unfold , who knows , but its bloody exciting to be a FAR holder ATM! We re had very little to be happy about of late and patience rewards all!

    Goodoil, enjoy your posts , but Im sure you would like to be holding now and sorry I cant see a CR. ME always chased the 21 million , with out it , he would not enter into a deep drill.

    Harry! Hats off lads , if its Ophir , Harry pointed in that direction along time back. See ya in 7 days mate.
 
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