FAR 2.97% 52.0¢ far limited

FAR value, page-11

  1. 13,293 Posts.
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    These calculations are all well and good if you want to give your mind a treat but in reality the SNE field will be producing from the easier set of sands which contain 200mboo.
    Production from those sands will slowly decline over time.
    The costs quoted are for that development only.

    Samo hasn't even been drilled yet so its pie in sky stuff IMO until results are in.
    And yes where's as Whisky says, the cost of finance re debt?

    Then there is the little problem of having 5.6 billion SOI.
    Again the difference CVN/FAR when it comes to raising money from a CAP raise, less dilution as CVN raise in the forties, FAR in the low teens.

    Anyway its fun to dream.
 
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