AFR Articles, page-54

Yes, I agree Whisky... no avoiding the cost, FAR will have to pay its share.

WPL seems to have no choice of absorbing the cost/debt in the medium term (ie. a few years).   FAR may have the flexibility to let WPL carry the cost on its balance sheet during this key period of negotiation.

The stick that PC was waving ie. forcing FAR to fund on operator demand, might be flabby, (hopefully like a dead squid clenching wet lettuce). What I find strange... clearly on PC's mind. The statement, sort of came from nowhere in the interview, PC was initially answering about cost of LNG shipping as per the interviewers question, then did a huge left turn into Senegal.

PC  has to redesign the system of AIPN standard JOA (joint operating agreements).   Good luck with that is any reasonable time frame..

As a new FAR shareholder, I would like the dispute resolved, and FAR and WPL working out how to get the first stage 200MBoe out of the ground.  The area is highly prospective for further increase, the oil window will close over the next 20 years.

Disclaimer: Just extrapolating from Peter Coleman's interview. I have no expertise when it comes to contracts, come to your conclusions.  My background is Science Research ie. I'm naive believing humans can solve most things logically.

Deal baby...