FAR 1.06% 46.5¢ far limited

"Chicken or Egg", page-55

  1. 16,281 Posts.
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    Phillip

    Ah yes ... bank holiday ... nice! Its certainly an intriguing situation at present for FAR shareholders. Damn shame we are not in a bouyant oil sector environment right now!

    Yes Private Equity is a possibility to help us pre-empt and take up our 9.5% or whatever is doable but then what? WE still need a strong motivated major or two to drive and fund the project particularly as I don't see Cairn going the distance ... not with their current 40% anyway (so if they pre-empt they will onsell some/all for sure). If not Total then Shell perhaps? Would still like to keep WPL in the mix but will they be happy with 25% after we take our cut? So many possibilities!!!

    H
 
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