FAR 1.02% 48.5¢ far limited

PE Preliminaries, page-75

  1. 6,903 Posts.
    lightbulb Created with Sketch. 997
    By outside you mean from Senegal?
    Largely irrelevant really though....If you bought in to FAR on the premise of PE I think you would have bigger problems....not much of an investment theory and in my humble opinion not much downside from current sp in a PE defeat but very large upside, I believe, especially given how far advanced the project will be by the time a decision is handed down, linked with a possible CNE sell down, there could be a very large chunk up for sale....
    I doubt there are too many Senegalese petroleum code experts here....or anywhere for that matter.
    Christmas we should know more IMO. I don't think its a coincidence the PSC has been extended until December, and according to FAR , the exploitation approval delay.......and I don't believe any in the JV were expecting that.
    2 dudes in Paris will decide the fate of 35%. Aimo DB
 
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