FAR 2.91% 50.0¢ far limited

b4bmm, I wouldn't be too concerned by the development numbers....

  1. 940 Posts.
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    b4bmm,

    I wouldn't be too concerned by the development numbers. They are big - but not huge when you compare to other projects that get off the ground...

    Gorgon LNG - $60Billion
    Wheatstone - $30Billion
    Ichthys - $35Billion
    Woodside's (almost wholly owned) Pluto LNG - $12 Billion
    Gina Rineharts' Roy Hill iron Ore - $10Billion
    Twiggy's Fortescue Metals - initial was around $3Billion (he found the $$'s)...probably a further $5Billion since

    I (as I think many people) have great faith that Senegal will more than stack up. FAR's share is not huge (in the finance world), and with the right backers the funds will be available (they may already be?)

    dodds
 
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