PhilW,
The CNE presentation was pre-connectivity results in April 2017.
Whereas FAR's presentation today is post connectivity.
Usually FAR is the optimistic of the JV partners, such as estimating 641 M barrels as 2C when CNE was only around 450 M barrels (2c).
If FAR's current presentation provide an estimate of USD 5B, what do you think CNE's revised figure will be ?
Any way, I will wait for CNE and WPL's figures on Phase 1 development costs to compare.
Ann: Africa Independents Forum Presentation, page-12
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