FAR first australian resources limited

SNE and PE, page-79

  1. 9,848 Posts.
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    Where do you get these ideas from DB?
    WPL in their quarterly say they have their finance in place for phase 1
    You now know that your assumption of the J/V supplying all the finance for FAR is false, unless of course you doubt Cath.
    You also know FAR have issued their assessment of how much finance needed yet you persist on going of Cairn's number.
    Have you ever thought that Cairns number is based on how much they will need to borrow as the rest of the money needed will be from existing or future cash flow from their other fields.

    You are on record of telling us all how to work out who is stretching the truth and who are not.
    Maybe some practice as you preach methodology is needed.
 
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