FAR 3.49% 44.5¢ far limited

And I am happy with my post as well hsfinch..Great that we are...

  1. 2,090 Posts.
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    And I am happy with my post as well hsfinch..
    Great that we are both happy.
    I am sure CNE see value of the oil in the ground.
    And I am sure that if CNE want to give it away, but I am sure they won’t, then FAR happily take it off their hands via an arbitrage deal.
    FAR could package it up with some of their own and perhaps WPL’s 35% depending on what the Arbiters have to say.
    And I guess at this point FAR doesn’t have to worry about WPL PE’ing since they aren’t officially part of the JV but “participating “.
    And as an aside perhaps that is why we haven’t heard from CNE. Who knows!
    At this point WPL’s hands are tied, but FAR’s aren’t.
    At this point as I understand it, FAR could snaffle up a CNE sell down on behalf of Mr Big Oil.
    Yes you really have to wonder who is really under the most pressure.
    I am almost sure CNE isn’t to happy about the current situation. Almost guaranteed they aren’t funded?
    Oh what a game of poker ?
    See what transpires?
    Wouldn’t miss any of it for quids.

    Need to find another 30k apparently, or at least according to the “street”.
    Almost forgot
    JIMHO for the slow.



 
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Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
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