At that time FAR was a paid up participant in the JV and was involved in committee deliberations, the announcement showed that they were onboard and not trying to push any agenda contrary to the JV - no rejection of purchase option on the FPSO was mooted by FAR. Its just business as you say and the numbers for purchase stacked up better than the lease overall given the FPSO lease option had to cover the risk MODEC would charge for taking on that risk and all JV participants including Senegal would pay extra to cover FARs weak balance sheet cash position. My reply was to @Davy Boy to highlight that on one hand additional capital required additional borrowing but the OPEX savings and project economics supported this course of action with a 30% IRR.
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Last
48.0¢ |
Change
0.010(2.13%) |
Mkt cap ! $44.35M |
Open | High | Low | Value | Volume |
48.0¢ | 48.0¢ | 48.0¢ | $75.16K | 156.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 68600 | 47.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.5¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.475 |
1 | 32022 | 0.470 |
1 | 50000 | 0.465 |
1 | 1822 | 0.450 |
1 | 3000 | 0.445 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 50000 | 1 |
0.490 | 54000 | 2 |
0.495 | 50000 | 1 |
0.500 | 10000 | 1 |
0.510 | 100895 | 2 |
Last trade - 11.48am 30/09/2024 (20 minute delay) ? |
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FAR (ASX) Chart |