I think it is important to remember that whilst the situation sees FAR's debt finance now under a cloud, we do still have $150m in the kitty to work with.
It is not only FAR that is being affected atm but the project as a whole, and ALL oilies (including Woodside). With the potential that the project may be delayed, then we may be buying time to re-firm up the required funding as things settle.
IMO, much will depend on the approach Woodside takes (and including towards FAR...will it be supportive of FAR or...??)
I suspect we will be hearing from WPL soon as well
dodds
Ann: FAR update, page-38
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.0¢ | 52.0¢ | $1.562K | 3.004K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17440 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 22471 | 1 |
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| Last trade - 15.41pm 09/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |