|12 hours ago||cammy3||Obviously hoping to buy a bit cheaper bones. Quick drying paint at fast !!! Lol read more...|
|12 hours ago||oilbuy||Lol bones it would be a great achievement if we could stop the rot on this board. read more...|
|4 hours ago||gymratt||I remember Caza when it was languishing at 8p due to a persistent seller..the overhang eventually cleared and it more than doubled over the next few sessions... read more...|
|6 hours ago||themadstork||As to why SL would want to dump their shares, they are a pension fund; they gambled and lost, pure and simple.
Bottom line is that (assuming farmouts are delivered, and there is no reason to believe they will not be) there will be 7p/share cash by year end. FAST then have a high COS onshore drill program targeting large amounts of gas starting early 2015. This is currently valued at *zero* by... read more...|
|12 hours ago||ant15||The future looks bright if this is truly indicative of where they imagine the share price overtime personally I cannot help but feel that it is heaped with caution as the upturn will be far greater and a lot quicker but then they almost certainly know this. read more...|
|yesterday 22:21||alex hawk||I've taken a position here at 5.2p. Once we establist a new base over 6p i'm expecting double digits for the patient. 7p cash, drill next year and farmin x2 news this year not sure what people are waiting for.
This is the biggest no-brainer - getting the same feeling as ROSE 1.6p, UKOG 0.35p, TPET 9p & OEX 2.7p - nothing like buying at the bottom and waiting for the herd to arrive.
£30mc... read more...|
|Mon 16:19||hastings||Also may be of interest
http://www.privatepunter.co.uk/Companies/looking-at-an-oil-play-18-august-2014 read more...|
|Sun 16:19||el1te||Just to confirm that, Circle Oil received excellent gas prices last year. In fact, at levels above Oilex. Of course, it all depends upon how they sell it, but if appraised properly, it should make Fastnet's stake very valuable.
"while the average gas price achieved in Morocco was US$10.34 per Mscf as against US$9.40 in 2012"
El1te read more...|
|Sun 16:14||el1te||TheMadStork - What is perhaps more interesting with FAST compared to OEX, is the more rounded basket of assets combined with the cash backing.
There is every chance that the carried second offshore drill (for a decent-sized net resource is successful, although not huge) will coincide with the low risk appraisal drilling onshore once the farmouts are sorted. Gas prices in Morocco are high as... read more...|
|Sun 14:59||chizgreen68||Sorry, just saw the 37p NAV breakdown ;0 read more...|