Here is a breakdown of actual v estimated exploration...

Here is a breakdown of actual v estimated exploration expenditure.

Sept 14 estimated 38mill Actual 19 mil Dec14 estimated 31 mill actual 15 mill March 15 estimated 16 mil actual 11 mill June 15 estimated 11 mill actual ?

To June 15 46 mill AU spent on exploration since cost overrun. The original estimation was 26 mill. So IMO has been finalised as stated.

Re funding a couple of comments.
"FAR estimates that the firm drilling program will cost approximately US$150 million with FAR’s share being approximately US$25 million (approximately AUD$33 million)". 13/4/15
"FAR is aiming to prove and surpass the minimum economic threshold of 200 mmbbls with the first two appraisal wells and we have significant existing funding for these two wells. 31/7/15"

ATM there is about US $32 mill with admin < 1 mill qtr. So should be enough to see out the appraisals by which time based on success or otherwise can raise (or borrow) on a success story.

DYOR etc