FAR 3.09% 47.0¢ far limited

As a post script to my above post here is a breakdown of the...

  1. 1,916 Posts.
    As a post script to my above post here is a breakdown of the Jubilee figures at approximately the time of the Kosmos IPO:

    Participating Interest 24.1%
    Initial discovery 2007
    Total gross resource 600mmbo

    The most interesting part is that the initial IPO valued the Kosmos MC at ~$5pboo which is roughly equal to $33pboo so when the FAR shares are being valued at >$5pboo there appears to be a massive upside to that valuation and I would suggest we will see this upside once the 2C results are confirmed and again when appraisal delineates the field.

    I will finish in saying that all the above is clearly available in the public arena and I do recommend that all the newcomers to HC to ............... DYOR!!!

    HKP
    Last edited by hotkiwipav: 05/03/15
 
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