A pity the directors of FAR have taken this attitude towards Woodside becoming operator.
They have experience in the region and their expertise helped Hardman resources become operational in Mauritania.
Having travelled extensively in this region I want WPL to develop this resource.
I also hold ILU and more than happy for them to own the mineral sands in Sierra Leone. I have gifted money to this country for 25 years probably longer than many of you have been on this planet.
FAR is close to going bankrupt. It is in their interest to cooperate or project will not proceed.
FAR never produced $1 from oil production.
Earned $767,00 interest from your money.
Operational expenses for Half year ( $22.65m )
EBITDA ($21.885 m )
EPS -$0.052CPS
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- Ann: WPL: Offshore Senegal Development Update
Ann: WPL: Offshore Senegal Development Update, page-14
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