So if dont get our senior debt we are screwed.
Surely FAR management saw this coming and should have raised at far higher prices. It shows the lack of experience of Cath and incompetence. If you knew 3 years ago you would have this capital call you dont wait at last minute and say hell we need to raise now at any low price. As an example Woodside raised 2 billion a year aago for this sort of stuff. Cath has stuffed upnthats for sure and needs to go
Ann: Sangomar Field Development Exploitation Plan Approved, page-54
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