FAR 0.00% 50.5¢ far limited

From the Lanes of Melbourne to the Busy Streets of Dakar, page-14

  1. 1,228 Posts.
    Zipper lip.
    FAR just do nothing what a joke!, "its not as sexy as the other options but safer in the medium term"
    Sorry I will be bitterly disappointed with that.
    FAR leave the table having not taken the opportunity of a bigger slice of the cake at a bargain price, leave it on the table for someone else to pig out on ! You have got to be joking !
    This is a once in a lifetime opportunity to take an additional 10% or 35%.

    If this cake is as big and tastey as they say it is, why would you hand it on to someone else just because they have a fat wallet ! Especially after you have already invested heavily, taken all the risks and spent so much time and effort to find this bonanza field in the first place.

    You would find the extra money somehow, of course you would, as it's too much of a golden opportunity !
    Cannot help feeling the likes of Farjoy would be bitterly disappointed in a roll over and fall back outcome, after having had a serious amount of risk capital out there for so long.

    CNE have the development knowledge along with the support suppliers and the financiers right on their doorstep, they do not need WPL to see this out.

    IMO for CNE to not exercise their pre-empt rights WPL would have had to offer them a serious "sweetener" and also put the ball and tackle on FAR's SP to take out FAR when the time is right.

    This is getting very interesting come on FAR lets ramp up the effort !
 
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