FAR 2.20% 46.5¢ far limited

I am still thinking bit like Saltocan in the MC numbers for the...

  1. 3,609 Posts.
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    I am still thinking bit like Saltocan in the MC numbers for the 15%, not the the unclear bit .

    So perhaps someone can solve this problem I have with the MC's.

    If we were to increase by 10 fold to 87 c say, MC about $3.5b, an increase of $3.15b on current
    MC for 15% equity .

    How do the other partners rerate?

    Cairn 40% would that be a 10 fold increase for them on their 900m ( I think it was that)pound MC x
    And again 2.5 greater approx equity than FAR or would they just increase in similar dollars as FAR
    Which was $3.15 b x 2.5 equity and well you gave COP too with there MC of 44b.....this is what
    Puzzles me when holding such a small percentage .

    Look forward to an answer as this part of the equation doesn't add up for me
 
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