Sunk Costs? WPL purchased its interest at the end of Oct 2016.
From FAR's Annual Reports, Senegal valued in its accounts:
Dec 2016 - A$102.5M (say US$70M)
Dec 2017 - US$94.16M;
Dec 2018 - US$100.1M;
Dec 2019 - US$116.6M
Therefore about US$46.6M FAR have spent in 3 years to Dec 2019.
Regards
SP
Ann: Annual General Meeting Presentation, page-127
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