FAR 3.30% 47.0¢ far limited

Q&A video interview with Managing Director, Cath Norman, page-4

  1. 5,715 Posts.
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    @ timestamp of 2:30 'we will likely be appraising two of those next year' when referring to the other discoveries around SNE (being SNE Nth, FAN & FAN Sth).

    So 2 appraisal wells (presumably SNE Nth and FAN) and 2 Exploration wells (Gambia and GB) in the next 15 months?
    That is a lot of drilling but also a lot of money and none of those 4 potential drills could/should be funded by debt, so have to be funded by farm down or cap raise.

    Bit of a no mans land now as the market waits to find out how everything from exploration drilling through to SNE development is going to be funded/financed.
    Last edited by rollacoaster: 17/09/19
 
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