Hi OOO and all. I have little doubt that FAR would be well down the track of finding funding. I think there were a couple of additions to the management team that are there to specifically deal with it IMO. I personally think FAR declaring their own DOC has something to do with it because I can see no other reason for it otherwise.
Anyone here that thinks FAR are going to wait until 2-3 months before official DOC to find funding is clearly not using their grey matter. It won't surprise me to find our PE backer is also the one who is looking to fund FAR to production, if we get there, and that funding has been sorted some time ago. AIMO. The sums of money required will be vast and I think they have probably been working on funding since they found the oil.
I am of the view now that JV have delayed the drilling for this period to get a little closer to the oil turn around and whilst I don't think $80 bucks is on the radar I'll take anything over $60. IMO DB
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