FAR 3.09% 47.0¢ far limited

Big Dump and Capitulation, page-42

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    FAR 's current market cap $370m

    Holding $20m cash
    $11m from spp
    $146m from equity raise
    total $177m

    All other assets other than Senegal value lets say $30m.

    So atm FAR's SNE project is priced around $163m

    WPL paid US$430m or AU$632m

    Equal to around half the price that WPL paid for their 35%.

    Plus FAR has spent ( just a guess ) $20m since WPL bought out COP.

    Is this correct ?
 
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