FAR 2.00% 49.0¢ far limited

Jems with due respect ! "From what we know the transaction to...

  1. 1,228 Posts.
    Jems with due respect !
    "From what we know the transaction to WPL is completed"
    What with no confirmation of approval from the Senegal government !

    "FAR will either prove their case or they won't if they do FAR will beable to decide if they want to PE"
    At that time the field could be twice the value so FAR are positioning themselves to buy a higher re valued asset at a bargin price with no risk, hmm interesting !

    "COP have indemnity in their agreement so if FAR won WPL would be covered for their costs."
    And where does that leave COP, up the creek without a paddle looking like a bunch of numpties !
    COP would have sold the asset at a bargin price and indirectly paid for part of its on going appraisal.

    "So I don't think drilling will put any pressure on any party to come to a resolution"
    Jems with due respect the pressure is on everyone except FAR.
    Take care AIMO
 
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