FAR 1.02% 48.5¢ far limited

The Gambia and Guinea-Bissau, page-30

  1. 576 Posts.
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    Posters where noting some of the discrepencies with the presentation pre Samo.

    Its clear to all the SP fall is not all about Samo being a duster and i donot think anyone has complained that it was we all rolled the dice. The issue for some has also been what and how FAR presented SAMO and the perceived lack of risk management to the whole exercise and consideration of what if scenarios.

    So its not the outcome of Samo that has been the real issue as most will recognise there is oil there and FAR have aquired excellent geological information which will help then pin the tail on the donkey next time (well may be not next time as soloo appears more linked to SNE than Samo from the limited info presnetd) its about appearing to be well over confident and somewhat gambling.

    All the current fund/potential investors will have been to the FAR presentations and will be asking themselves can we trust cath and here figures going forward which will not be helped by the is it 4 or 5bbo numbers - has it sunk in yet what people (note these may not frequent HC and post but actual buy the shares!!! pick up and take notice of!.
 
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