FAR 2.00% 49.0¢ far limited

FAR confirms $515M debt from Macquarie for SNE field progress, page-4

  1. 16,292 Posts.
    lightbulb Created with Sketch. 403
    ML173

    FAR will be paying interest on the drawn amount ( and paying the margin amount on undrawn funds. So not so much to find in the next year or so. I think we can assume that FAR will sell some WI or other assets before too long. Then there is the chance of a payout on winning arbitration and then the possibility of on-selling the 35% at a good profit. Lets wait and see .. not too long now.

    H




 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.