FAR 4.00% 52.0¢ far limited

Ann: Equity raising to finance Sangomar Phase 1 Presentation, page-84

  1. 13,293 Posts.
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    FAR are open to anyone that wants an interest in Senegal IMO.
    I agree if anyone wants to grab FAR's stake now is the time, when they are at there weakest.
    A takeover price now IMO between 7/8 cents would succeed before any finance goes through.
    FAR are at their most vulnerable right now IMO.
    Cairn will wait till FID I presume to sell part of the stake then true value will be clear.
 
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