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2018 FAR Ltd AGM Presentation, page-49

  1. 1,713 Posts.
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    Its not as if FAR finds itself in a unique situation. There have been plenty of companies in the past that have found themselves in the enviable position of raising finance because they have been successful in making their first discovery. Then, of those companies, there wouldn't have been many that would have had a high quality backup, with high COS, like Gambia in the wings. Haven't there already been 4 or 5 different ways of potential funding solutions already been discussed in these threads previously. Yes there will be some pain of some description whether it be selling some equity and/or dilution in some shape or form. That's life in being a little one wanting to get bigger. Same /similar process for BHP, Rio, WPL, Oil Search etc,etc. Hasn't the merry go round spun enough times on this Szaba. The only thing I know is that I have now changed the name of FAR's book from the Never Ending Saga to the Never Ending Szaba!! Give it a rest!! Lets just wait and see how we fund next stages when an announcement comes out. All I know is I would rather be in our position than 88E or heaven forbid CDU.
 
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