"Please understand Cairn cannot afford 40% of capex, they will sell part of this."
That may depend on what they do with Catcher and Kraken, if Senegal is seen as a better project going forward they may divest those two , they have a history of selling assets before production, the oil province of Senegal may prove a jewel hard to part with.
If Senegal prove up anywhere near as large as it seems then nobody will want to part with anything....however there will be a price that can't be refused....
Cheers Whisky
woodside to buy FAR???, page-6
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.0¢ | $13.38K | 26.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 314682 | 3 |
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| Last trade - 15.44pm 08/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |