FAR 3.09% 47.0¢ far limited

Ann: Pause in trading, page-47

  1. 13,519 Posts.
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    FAR has already responded to a similar article a few weeks ago as per below and at the AGM confirmed it is actively seeking to sell a % with CNE although doing it independently...so nothing new..

    Cheers Whisky

    1. No. The article in the Australian Newspaper referred to in ASX’s letter appears to be a combination of facts as well as assumptions, not all of which are accurate. FAR was not the source of the article which is multi focused. In particular, FAR has not appointed RBC in relation to a sale of its interest in the Senegal project, however FAR continues to investigate alternatives for financing its share of the developmentincluding the potential for a possible sell down. In addition, the arbitration hearings involving Woodside Senegal B.V. are scheduled for July 2019 and haven’t yet been held.
 
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