Cairn and Far look to cash in on $4bn project off West Africa, page-91

For the first time in a long time, there are no institutional sellers. the placement was taken up by the top 10 and they have been thru a lot over the past year and will not sell just for 1c turn. its the pointy end of business now. Big oil wants in on SNE, WPL are muddling up their words re arbitration, crude supply is tightening, FID soon and if Cairn get their act together we might see a re-price of what SNE is worth per barrel. 100m odd shares still short. whatever happens, people are now understanding that FAR doesnt need money for a while, it may sell all of SNE or maybe somebody buys FAR, oh and then arbitration (its happening whether you believe it or not), its a 2 horse race, i like those odds especially when you have some of the brightest legal minds in the room. https://en.wikipedia.org/wiki/Geoffrey_Robertson