FAR 1.02% 48.5¢ far limited

The Gambia and Guinea-Bissau, page-17

  1. 8,472 Posts.
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    Hi Zac one thing is for certain is FAR will hit a wall within the next few months with financing required for SNE and how we get over or under that wall will determine FAR's future moves IMO and will no doubt be occupying the bulk of management's time...it's a AU$350-400 M wall just to get to first oil so they really need to practice pole vaulting or tunneling...

    It supprises me how little of this forums time gets occupied by ways they may deal with this obstacle and how much instead is spent looking at ways to spend more on exploration drilling or getting into flaming wars with non holders...

    It's by far the most pressing issue and I for one would love to hear some input from those holders who may have some insight on how financing could be structured etc, we know JV funding for 50-60% is likely to be made avaliable, presumably for all of stage one and that amount could go well cover a large amount of whats required to first oil,allowing other options to take over....

    Cheers Whisky
 
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