FAR 1.03% 49.0¢ far limited

FAR Equity Raise, page-193

  1. 854 Posts.
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    Dodds

    I was at the AGM last year and distinctly recall Mr Lamb saying that there was lots of interest in FAR from large international players.

    There was also interest in the prospective SAMO in the The Gambia. And that was for a prospective drill! I can only image the interest once we have certainty with FID - and PE of a proven oil field pumping out 100,000 barrels of oil per day for decades!!

    I honestly believe the uncertainty around PE has been a deterrent to any corporate action to date. That’s my
    opinion. Having said that, the uncertainty in PE has also allowed FAR to get to FID, pas no one was willing to engage given the unknowns.

    Anyway, another couple of weeks and all will be revealed.

    And yes, I’ll be topping up as much as I can if there is a SPP.
 
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