FAR 1.02% 49.5¢ far limited

FAR guarded on plans to pre-empt SNE deal

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    Interesting bits below..

    http://www.theaustralian.com.au/bus...l/news-story/dca9c1675182560ee88fd2e809920c86

    ...

    Melbourne explorer FAR Limited is remaining tight-lipped on any plans to scupper Woodside Petroleum’s $US430 million ($570m) entry into the SNE oil discovery in Senegal, declaring development planning is under way and costs have come down but making no mention of the potential for FAR to lift its 15 per cent stake.

    ...

    Ms Norman, who is in Senegal, declined to pour public fuel on the dispute, which could become a matter for lawyers, arbitrators and the Senegal government.

    ...
 
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