FAR 0.00% 50.0¢ far limited

Ann: Change in substantial holding, page-39

  1. 14,139 Posts.
    lightbulb Created with Sketch. 705
    FAR income is ?
    Probability of default is? ( > 0)
    How do we fund interest payments in the event of first oil delay?
    (Im ignoring the PE hail mary)

    Meridian likes the asset (clearly) but we need to have our eyes open and be smart to not get trapped in their long game.

    I will continue to avg down in 2019 if price heads south. I plan in 2 tranches at 0.5c price intervals with remaining $20K i had put aside for SPP and sell these on next price spike (gambia anticipation?) above 8c.

    If any delay in first oil is flagged I may exit entirely before the shenanigans begin in earnest.


 
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