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FAR Must PE!!, page-136

  1. 1,228 Posts.
    Maybe mediation talks are now complete.
    If the missing details of the WPL deal are now fully understood by all it will also be obvious why COP structured the deal in the way that they did. Perhaps some imaginative accounting is in play that requires scrutiny and approval by the Senegal's internal revenue department.
    Perhaps it is now obvious the true value of 35% of the SNE asset is much higher than WPL are paying for COP BV.
    If this is the case Senegal have a dilemma, if they now approve this transaction they maybe missing out on their rightful share of the associated taxes.
    Perhaps this also explains the "keep a low profile" remark as this is very sensitive, everything has to be squeaky clean is the governments latest focus.
    Maybe FAR have been put on hold and are just waiting for the OK to declare there hand.
    AIMO
 
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