Ann: Half-Year 2018 Results and Briefing Pack, page-69

It looks like you are thinking more about buying the SNE asset itself from FAR rather than a takeover by just valuing that asset? Thats another possible way to play this.

Perhaps WPL has no interest in the Gambia assets but the same sands encountered at SNE extend southward into the Gambia and at some point I expect unitisation will be required.

Citi position on Senegal asset value is interesting - they are in top 3 of the FAR top 20 holders.