Nice post, hope it makes Tony feel all warm and fuzzy. Just FYI Tony has been one of the endless rampers of this stock for months but has changed tack very recently. Whilst I agree with most of the first part of his 90 TU post the claim that FAR are burning cash at the rate of 15 million a month is completely false! This is from FAR's quarterly ending 31/12/15 released on 29/1/2016. The quarterly prior to that 30/9/15 Far's expected spend was 16,900,000 for the QUARTER. Tony's post is very misleading because the only numbers he posted are completely incorrect. See below latest Quarterly. DBYes that's right 26,900,000or 8,966,666 per MONTH at the height of a drilling programme none the less.
I certainly don't mind people having a contrarian view but it can't be complete BS.
Beware the cult, page-38
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Last
49.0¢ |
Change
-0.010(2.00%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 52.0¢ | 48.5¢ | $101.9K | 200.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 48741 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 1786 | 1 |
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| FAR (ASX) Chart |