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Ann: Financing Update, page-301

  1. 4,719 Posts.
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    ""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."

    What a difference 5 days makes? Your next bold assertion? Why not perfect your imperfect record and, instead of just implying it, predict that the placement will fall over?

    Far from being "so far up the creek", the good ship FAR appears to have set sail.

    Confucius say, man who makes wild assertions ends up with omelette on his face.
    Sojourn on Sojourner and harbinger of doom. Your reputation precedes you.

 
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