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Proactive Investors | Malcy Video, page-8

  1. 13,608 Posts.
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    Yes Zac we have seen many times how this small Company gets ahead of the pack because its able to make decisions quickly, large Companies and JV's have to go through a time consuming approval process . The most recent example was securing Gambia..

    It will become more difficult for them going forward as JV partnerships come into play , decisions get made jointly and often slowly...in the end we need big players on board like it or not, these are large and expensive projects...its obvious that FAR are towing the line with the SENEGAL JV, we would have the RISC update on SNE by now if they weren't ..
    The only timetable of any real relevance with SNE now is to first oil and that appears to be narrowing down to 2022 ( hopefully early 2022) , anything else is just an evolving process..

    Next big step for FAR is financing SNE and any decisions on that will be made after the SAMO well results, but they appear to have a good handle on where it's coming from regardless....

    Beyond that the next cab off the rank will be GB late next year...

    Cheers Whisky
 
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