FAR 2.91% 50.0¢ far limited

To PE or not to PE, page-40

  1. kkw
    7,317 Posts.
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    DB,

    "I am sure that WPL will be trying to avoid that at all costs"

    I think we have done a full circle. There is only one way out for WPL if it really wanted to be in SNE.
    To get rid of the problem, take out FAR. BUT now that the reserve is looking to be bigger and bigger and FAR's foot hold in the region is also getting firmer and firmer, and leases increasing, the only action for
    them is also getting more and more expensive by the day literally.


    Regardless of what PC says, I think they are really wanting to be in Senegal. The "we move on" comment is only a face saving act.

    Suddenly, FAR's reveal with CNOOC has transformed FAR to be in an extremely good position. Remind me of the song "What a difference a day made". Tomorrow is another day.

    KKW
 
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