FAR 0.00% 49.5¢ far limited

As an explorer, FAR has been on my radar, and It's been on my...

  1. 292 Posts.
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    As an explorer, FAR has been on my radar, and It's been on my watchlist for the last 6 months or so and I had a few questions. Hopefully someone that has been looking into the company can answer some of these qu's - Apologies if some questions are off the mark or obvious, as I am relatively naive in regards to oil and gas companies.

    Simple points from the investor Preso's:
    - There is a break even oil price of US$35/bbl
    - CAPEX is estimated at US$2b
    - IRR is 34% at $60/bbl

    I assume the 2b CAPEX is for SNE. Does Gambia have a CAPEX estimate if exploration is successful?
    Is there a plan for financing the CAPEX? ie equity/debt?
    at 100,000 barrels per day (peak) - how long will the SNE reserve last?
    I gather Gambia is 100% owned by FAR. I'm confused about all the SNE related farm-in / farm-out scenarios with petronas, BP etc, can someone clear this up?

    Thanks in advance.
 
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48.5¢ 49.5¢ 48.5¢ $99.11K 200.2K

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