FAR 2.02% 48.5¢ far limited

Ann: FAR update, page-49

  1. 1,166 Posts.
    lightbulb Created with Sketch. 525
    Forward ordering can be iced and maybe the FPSO could be a force majeur. WPL have probably hedged and it will be very interesting to see what they do.
    They've promised Petrosens costs but their biggest JV partner hasn't shown its hand re..finance, other than to agree to FID.
    As usual we await outcomes....but this time it's not waiting on possible upsides.
    FAR can't talk about any concrete measures regarding Senegal until WPL play their hand.....but after what FAR have put them through, it will be more like a fist.
    At the moment we still own our share of SNE and we fortunately have cash.
    A reasonable announcement should have talked about shrinking management and remuneration reductions. Utterly devoid of shareholders concerns this mob.
    Drbrooks how do I sign up on your letter? Can we turn it into a petition.? Have you had a reply?

 
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