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dont be fooled, page-17

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    "now they way i look at it is cost recovery will enable FAR to recoup possibly, and in estimation i would say 5-10m more"

    COST RECOVERY actually means full cost recovery. Namely the JV partner should buy the 3D survey to repay what FAR spent, and leave FAR a certain interest.

    In my book, some farminee always pay 100% for the survey, this is called COST RECOVERY for the company.
 
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