FAR 0.98% 51.5¢ far limited

Are we at bottom?, page-21

  1. 5,719 Posts.
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    Woodside will want to press on with SNE development as they have liquidity and their other projects are bigger and more likely to get delayed.

    Petrosen will want to keep development on track.

    I suspect Cairn may want to delay SNE but may not have a choice if the above 2 (being operator and the government) say full steam ahead.

    FAR will want this delayed given the large funding gap outlined by Dr Brooks that is unlikely to be satisfied solely by Junior debt.

    In saying that FAR have never shied away from issuing cheap shares.
 
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