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
- Forums
- ASX - By Stock
- FAR
- Far % value from WPL's % Costs at FID end 2018
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)
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
49.5¢ |
Change
0.005(1.02%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
49.0¢ | 49.5¢ | 49.0¢ | $4.017K | 8.162K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19637 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30000 | 0.485 |
3 | 83930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
1 | 5000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 10000 | 1 |
0.510 | 69689 | 1 |
0.515 | 2239 | 1 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
Last trade - 13.40pm 26/07/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |