FAR 1.05% 48.0¢ far limited

Ann: Appendix 3B, page-2

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    "
    Fully paid ordinary shares are being issued pursuant to the first tranche of the Placement to institutional and sophisticated investors announced to the market on 6 April 2017. The net proceeds from the Placement will be used to fund FAR’s continued participation in the drilling, evaluation and pre-development program offshore Senegal, the anticipated acquisition and exploration of Blocks A2 and A5 in The Gambia, and general corporate purposes.
    "

    No mention of any spending on fighting for PE.

    Is PE dead?
 
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