FAR 0.00% 50.5¢ far limited

Ann: Quarterly Activities and Cashflow, page-65

  1. 5,716 Posts.
    lightbulb Created with Sketch. 1111
    Hi db. Even if COVID-19 didn't happen, we would have only pushed the can further down the road before getting into trouble.

    Wpl outplayed everyone. What is now apparent is that FAR was severely stressed with the fspo purchase scenario. Cne left completely and that left left us with wpl as the only buyer. Doubt they would have given anything for a partial sell down when they could wait for the lot and nobody showing any interest confirms the project and the small percentage was unpalatable to the bigger players.

    Masterful play by Woodside. Initial mistake appears to be PE and the operator licence allowed Woodside to drive this their way.
 
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