FAR 3.30% 47.0¢ far limited

high stakes poker

  1. 498 Posts.
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    It's a real high stakes poker game now ..

    If we have a serious JV bidder, ME is hodling out for a better package and trying to stare them down with the threat FAR will pay $5 mil and keep the lease alive, and then tack the $5 mil onto the JV agreement cost.

    The JV will be countering with .. "put whatever amount you want on your cost list, here's our final offer"

    and as we get closer to the Ophir Drill, the gamble intensifies from both sides.

 
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