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FAR Research, Positives & Negatives, page-6

  1. pj
    2,090 Posts.
    It is, in my opinion very misleading to suggest that FAR has strong cashflow. If I read that about a company I expect it to refer to funds generated internally by the main business process, and by that I don't mean continually going to the market for funds. Cashflow, revenue splitting hairs I think Mr. H.

    On second thoughts I suppose one might say that FAR's main business process is in fact to generate funds from the market by talking up the "hope" of exploration or appraisal success but that wasn't made clear in the "research" post. I would have just taken it as a strong non market source of cash flow, indicating a low likelihood of going to the market for funds, except perhaps as a means to increase the same.

    pj
    Last edited by pj: 23/04/16
 
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