FAR 1.02% 49.5¢ far limited

"More interesting is the verbal jousting between COP/WPL and Far...

  1. 143 Posts.
    "More interesting is the verbal jousting between COP/WPL and Far ltd regarding the Senegal situation. COP and WPL have announced that their deal is to complete which seems at odds with Far’s view that they still have farm-in rights. This is Far’s statement, ‘As previously reported to the ASX, FAR believes a valid pre-emptive rights notice has not been issued to the JV partners by COP and, FAR has invoked its right to resolve this dispute in accordance with the Joint Operating Agreement. FAR is not aware that the Government has advised COP of its approval of the transaction. FAR continues to reserve its rights…’ Seems like it’s not quite over yet…"
 
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