FWIW I think CNE might hold off handing over operator until the development plan is lobbed on the Government. My reasoning for this is if WPL think they may lose the 35% they will be wanting to delay. My reading is that the exploitation plan has to be in before the exploration permit expires....snooze you lose as Coleman put it.....Feb 2019....6 months away.
CNE will not want to risk WPL threatening their 40% IMO in any way shape or form.
Once the development plan is lobbed their is a path way if you like to first oil that has time lines attached.
If one Co. starts to try to kick the can down the road once the development approval is in I believe the government will be on the front foot with them.
Anyways my guess......but if I were CNE there is no way I would hand over to WPL operator until I knew for certain the exploitation plan was with the government. Aimo DB
- Forums
- ASX - By Stock
- FAR
- AFR Articles
AFR Articles, page-137
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
51.0¢ |
Change
0.015(3.03%) |
Mkt cap ! $47.12M |
Open | High | Low | Value | Volume |
50.0¢ | 51.0¢ | 50.0¢ | $51.68K | 102.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75177 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 187769 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75177 | 0.505 |
1 | 62764 | 0.500 |
3 | 169438 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 187769 | 3 |
0.515 | 103300 | 2 |
0.520 | 335196 | 3 |
0.525 | 100000 | 1 |
0.530 | 20000 | 1 |
Last trade - 15.45pm 30/08/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online