FAR 1.23% 40.0¢ far limited

""One thing that did strike me about the tweet is that IMO you...

  1. 5,932 Posts.
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    ""One thing that did strike me about the tweet is that IMO you don't plan drilling without involving the farm in partner, who will be paying for most, if not all of it..""

    Not so! FAR have a firm drilling commitment by end 2018, either they
    -farm out for a full or partial carry, or
    -drill it 'sole risk' or
    - pull out and lose the ~USD20m drilling bond (on top of the USD5m paid to Erin)
    There is no 'drill or drop' option.
    all been announced previously, astonishes me how this obviously looks thru rose coloured glasses!
    So, the drill planning goes on regardless, as the clock ticks....imo
    DYOR
 
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