I thought I'd try and get a value of Fars % verses WPL's costs at FID end of 2018.
2016 Senegal purchase & exploration program & JV expenses = USD $ 440 mil
WPL 2017 Senegal exploration,development planning & Engineering studies as per Cairn 2017 Senegal costs of USD $ 125 mil @ 35% = USD $ 118.75 mil.
So WPL expenses:
2016 = US 440 mil
2017 = US 118.75 mil
Total = US 558.75 + Staff,Admin & Legals.
Now a Guess for 2018 to FID 2018
2018 = 3 Exploration wells @ 35% of USD $35 mil × 3 = USD $36.75 mil
Development planning & Engineering studies to FID 2018 = USD $ 45 mil.
So,WPL Senegal expenses to FID end of 2018 are quite realistic as below:
2016 = USD $440 mil
2017 = USD $118.75 mil
2018 = USD $81.75 mil
Total for WPL'S 35% stake at FID end of 2018 =USD $640.5 mil + Staff,Admin & legals.
1% of WPL's costs = USD $18.3 mil
Fars value based on WPL's costs = 15% × USD $ 18.3 mil
= USD $ 274,285,000 mil or
AUD $343,801,000 mil,
Minus Fars % of expenses for 2018 & 15% of WPL's staff,staff,admin costs to FID.
Feel free to expand or critic
Kimbo
Far % value from WPL's % Costs at FID end 2018
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 53.5¢ | 52.0¢ | $17.03K | 32.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10069 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 22471 | 1 |
View Market Depth
| Last trade - 15.03pm 05/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |