FAR far limited

1.14%

44.5¢

Tensions bubble up at Woodside's Senegal oil project, page-277

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szaba_the_hut

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08/07/19

23:45

Post #: 39429151
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Originally posted by Davy Boy: ↑

It matters what WPL thought because they sought legal advice on how to avoid the PE rights clause.
You are right it only matters what COP we're selling.
Their Sec filing, prior to settlement, says they were selling their 35% interest...... not the company, the very reason they issued a PE notice which WPL were surprised by.
FAR may have simply asked COP what value they placed on the 35% and COP ignored them.... we don't know what FAR asked.
FAR lodged a dispute inside the 30 PE window to reserve their rights.
They then had 90 days to reach an agreement with COP, but COP ignored them, FAR then initiated arbitration.
We will find out soon who was right and who was wrong.
Its not rubbish Kimbo I have posted the proof straight from Colemans mouth to the forum. Unlike you I provide evidence...... on that score I would like to thank you for the link the other day, I do love it when people prove my point for me.

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DB - are you certain WPL took legal advice on "avoiding PE" or did they actually take legal advice on the applicability of PE with respect to the FAR Dispute Notice under Senegal law prior to completing the purchase in October 2016?

FAR Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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Last 44.5¢		Change 0.005(1.14%)		Mkt cap ! $41.12M

Open	High	Low	Value	Volume
46.0¢	46.5¢	44.5¢	$69.03K	150.1K

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No.	Vol.	Price($)
1	6000	42.0¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
1	6000	0.420
1	8000	0.415
1	10000	0.410
2	17405	0.405
2	47224	0.400

Price($)	Vol.	No.
0.465	14200	4
0.470	27000	2
0.475	2000	1
0.480	22079	2
0.490	393	1

Last trade - 16.10pm 19/09/2025 (20 minute delay)

FAR (ASX) Chart

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Tensions bubble up at Woodside's Senegal oil project, page-277

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