FAR 0.00% 48.5¢ far limited

Ann: Annual Report to shareholders, page-187

  1. 14,151 Posts.
    lightbulb Created with Sketch. 705
    The key massive differences with FAR being

    Cairn generates cash from operations even in a low oil price environment.

    Cairn have an Undrawn debt facility in place to cover Sangomar development (that is real)


    https://hotcopper.com.au/data/attachments/2079/2079512-207b4debf4ba71c0264fe5c3d6b1c329.jpg
    Cairn have some production hedged at good prices

    https://hotcopper.com.au/data/attachments/2079/2079510-08e2f506293c209977eedb007ff105df.jpg

 
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