Ann: WPL: Sangomar Field Development Approved, page-13

What amazes me is NO response from the so called long term "genuine" shareholders.
FID and all systems go on the project but its like a morgue in here.
Wasn't this news supposed to be the final cherry on top for them?
Yet not a peep.
WPL despite the hurdles created by FAR's management have got the job done but NO rejoicing on here.

The EGM next Thursday will be dreaded for CN as she has a lot of explaining to do to her adoring fans.
No announcement from FAR about the operator declaring FID yesterday shows what a toxic J/V CN has created by being opportunistic and rent seeking.
The Senegal government despite calls on here that FAR and them are so close, have sanctioned FID.
CN will have to explain in depth about their finance and what terms.
FAR have but a few days to lock in finance and explain why they left this as late as they did which will be detrimental to the SPP which IMO FAR need.

The coffee club will no doubt commiserate and hand out tissues.