"As previously announced FAR Limited (ASX: FAR) is pursuing a senior secured Reserve Based Lending (RBL) facility. To date FAR has received credit approved terms for US$200m and is in negotiations to increase this to US$300m.
FAR will provide a further update on the project and financing on the 20th January 2020."
LOL. What a joke. Sorry to anyone who tipped cash into the SPP.
So they did not even get $300m! They are so far up the creek. No word on whether the people behind the placement are walking away either.
A complete shambles. Get your pitchforks ready.
Ann: Financing Update, page-2
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Last
43.3¢ |
Change
0.003(0.58%) |
Mkt cap ! $39.96M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 43.0¢ | $147.7K | 341.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 200966 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 3826 | 1 |
View Market Depth
| Last trade - 15.49pm 29/04/2024 (20 minute delay) ? |
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Last
43.0¢ |
Change
0.003 ( 1.18 %) |
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| Open | High | Low | Volume | ||
| 43.3¢ | 43.3¢ | 43.0¢ | 102500 | ||
| Last updated 15.49pm 29/04/2024 ? | |||||
| FAR (ASX) Chart |