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Cath update, page-43

  1. 13,604 Posts.
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    FAR have already released their own RISK numbers and DOC, there is no more pressure on FAR than there ever has been , CNE's shareholders will want the figures themselves eventually and they also have their own Company to run, figures will most likely be released after the plan is approved by the Govt...we already know that the JV numbers are expected to be less than FAR's RISK numbers.

    It makes no difference to FAR what the numbers are, they have their own when it comes to any negotiation, the only thing that matters is production the rate , that's more or less fixed already and is 3 years away anyway....

    As a junior partner in the JV it is just business as usual , we go along for the long ride and pay the operator to do the work for us...

    Cheers Whisky
    Last edited by Whisky49: 16/11/18
 
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