This is interesting
QUOTE
If the transferee ceases to be an Affiliate of the Selling Party in the three years
following the transfer, the transfer will be automatically canceled and the Percentage of
Participation will be returned to the Party that made the transfer. The Selling Party
remains the guarantor vis-à-vis other Parties, until the completion of the current period,
for the proper performance of his or her assignees, obligations arising for or
said Assignees provisions of this Agreement.
ENDQUOTE
So if COP Senegal B.V (name changed to WPL Senegal B.V.) ceases to be an affiliate within 3 years the 35% interest returns to COP...... COP is guarantor to FAR, Petrosen and Cairn for WPL fulfilling its obligations to the JV until the completion of the current work period.
- Forums
- ASX - By Stock
- Credit Suisse presentation
This is interesting QUOTE If the transferee ceases to be an...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
46.5¢ |
Change
-0.015(3.13%) |
Mkt cap ! $42.97M |
Open | High | Low | Value | Volume |
46.5¢ | 46.5¢ | 46.5¢ | $3.174K | 6.826K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 53774 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 2400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 43174 | 0.465 |
1 | 50000 | 0.460 |
1 | 50000 | 0.455 |
1 | 1822 | 0.450 |
1 | 3000 | 0.445 |
Price($) | Vol. | No. |
---|---|---|
0.470 | 2400 | 1 |
0.475 | 50000 | 1 |
0.480 | 50000 | 1 |
0.485 | 54000 | 2 |
0.490 | 4000 | 1 |
Last trade - 15.59pm 01/10/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online