madmax
4 years ago
LUKOIL OFFER .022 Buyout Far ,
Bidding war coming .03-.05 my guess ,
DAMN SHAME ,
THIS SHOULD BE A $2-$5 stock ,
What a Total disaster ,
So here is chance to recoup your cost $ at least or even profit
If you were buying shares @.005 -.01 ,
GLTY
madmax
4 years ago
Far should be trading soon in aussie mkt,sold out Senegal partnership percentage ,moving to Gambia ,.005 is rather cheap ,.02 x.025,
Just a disaster ,had one of the biggest oil field finds in the world ,totally played by WPL &poor management ,should of never happen imo,
so sell or,buy cheap shares if need to average down & hope jit oil in Gambia .
GLTY
madmax
5 years ago
Hi,
Saw it,
No biggie,
LT hold now with no choice ,
Buying more to,avg down,
3 yrs to guaranteed profit ,oil will rise again,
Russian just knocking out USA shale players,
If production globally lower but demand remands the same & higher which imo will,China needs oil !
Also imo this is just a play to distract really what is in play,
PETRODOLLAR IMO IS IN PLAY ,THE WORLD WANTS TO ELIMINATE IT ,so imo USA dollar as
big dog reserve currency will take a hit some, China open commodity exchange just for this ,its coming ,petrodollar will be dead soon ,get prepared for it ,
BTW FARYF WILL BE OK ,IF SELLOUT 10-.14 range ,so,ok with me avg down to .034,
GO FARYF
TIM E on our side !
GLTY
madmax
5 years ago
Hi ,
Thanks did see it,not happy,FAR will probably sell down their % to pay lawsuit fees & need cash for project ,so going forward do you sell or hold 3 yrs to oil & hope they hit oil in Gambia so stock price rebounds or will they be bought out since price has been crushed would be time for someone to pounce on this project on the cheap,I see someone sold 300k @.019 today,retail price is .0208 by currency exchange rate today,
I still own ,wait to dust clears & see if a buyout .08-.10 in aussie dollar,so maybe get back to break even & even make some $$$ ,see how it goes next few weeks ,damn shame here,what a great play till arbitration,unreal ,now you see why penny stocks very rare can make to finish line in oil business because of cost of drilling & etc.
So life goes on ,
GLTY
madmax
5 years ago
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSTYP4Qm7zRaZpvZrke92GA%3D%3D&fbclid=IwAR3fLTJpjGA4yi0tPd69K5HX2I60b5pKZuVN4lfnDQkWjJ9xZ5SWNk5RUN4
Looking better ,almost there ,next few months will be very interesting ,
Someone will buy them out ,PE decision huge do by end of year ,
Next year =$$$$$$$
Shares are on sale !
Go FARYF GO
madmax
6 years ago
Buying on huge dip,panic sellers,oil down ,= cheap shares,
Loading up,
Buyout will come in time,.14-22 cent area imo,SNE field just alone is worth that,PE still in air,if get PE rights game changer then .35 is my target ,
Patience will win either way !
Go FARYF GO ,
madmax
6 years ago
Hi,
Saw news,
Panic selling imo in Aussie trading,good buy here .06 ,
Still see value on takeover bid.15- .20 imo,
Do not forget arbitration on PE ,if get then .35-.45 buyout by WPL ,either way should happen by new year!
Hang tough ,
Still a easy 100 % either way !
GLTY