FAR
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2.02% 50.5¢ far limited

Cairn sells 40% share to Lukoil, page-74

  1. SilentPartnr
    2,170 Posts.
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    28/07/20
    10:27
    Post #: 46116296
    I wonder if LukOil was FAR's potential buyer if they won PE. If they won PE they would have been paying in excess of US$460M for a 35% stake. Cairn have sold their 40% stake for US$300 to US$400M.

    Question: If WPL don't PE this Purchase can Luke Oil and FAR get joint finance for their combined 55% joint Venture interest?

    Regards

    SP
    Last edited by SilentPartnr: 28/07/20
    FAR Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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