FAR 3.09% 47.0¢ far limited

Ann: Executive Director Tim Woodall to return to NED role, page-79

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    @FSM8 I took on board what you said about the gas component so I went back looking.
    The gas was talked about being part of phase 1 back in September 2018 as part of CNE's exploitation plan.
    So from that I think its impossible to say that the government wanting a gas component led to the FPSO purchase.
    CNE were expecting government approval by end of 2018 with capex sub 3 billion.
    Just read the QnA is rather enlightening.
    https://www.cairnenergy.com/media/2333/cairn-hy18-transcript.pdf
 
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