Whats your best guess of how this will play out?

Just an exercise to see the different sentiments and expectations holders/non holders have as opposed to what will actually happen. I think its worthwhile as past has shown how wrong holders have been at each and every point since this oil discovery. Non holders it can be said have been a lot closer to the mark such as Good Oil, Cujo and others. This is how things will play out if Malcys rumour is true.

CNE will sell down 30% of the project for approx $500M.
That or the sell down will be less with a free carried component.
FARs share will be valued somewhere around $250M USD
Thats ~$330M AUD + cash on hand plus a bit extra for other permits gives MC today.
FAR holders will claim CNE are mad for selling a tier 1 asset for such cheap prices.
FAR forum meltdown will ensue for a few weeks similar to the time of COP meltdown.
FAR management will act gobsmacked at such a cheap sale and blame industry downturn.
FAR SP will stagnate or likely drop back into the 6s depending on OP.
FAR holders will lick there wounds and start making up new SP trigger points for 2018.
Round and Round and round we round, mind boggling stuff.
Nobody making any money only management here for many years.

Thats my scenario, shouldn't take long to find out if Malcys is on the money or not.|