About to run again? Last chance for cheepies?, page-41

You can think and post what you want DB as its all your opinion and why HC exists.
Why would not a large company buy in for a toehold at 5%?
25m boo of reserves is a good enough reason and also brings with it a pre-emption right when CNE sell.
Why on earth would that be dumb?
How much would FAR put in the kitty selling 25m boo of reserves?
There is absolutely no guarantee Senegal will increase their share either to 18.5%

IMO getting to the end game needs a different line of thinking.
FAR didn't worry about flogging off 75% did they so why would they not sell another 5% to give themselves breathing space?
Cash in the bank with a lower amount to borrow to get to first oil.
It makes sense to me although you obviously think different for reasons undisclosed.

FAR have 15% of a robust asset and Cath needs to use some of that to pay the bills and maybe drill SOLOO right next to the SNE field if not a part of it.
Hopefully Cath's new years resolution is to stop thinking its her field and wake up to reality.