"Separately, there has been some concern expressed about the fact that FAR will have to fund its share of the SNE development in some (as yet undetermined/undisclosed) way. This is a good thing! "
True story Doc...
And benevolent greetings from the Village Jackass (idiot) of the mid-Atlantic.
I suspect that funding our FAR fair share of SNE development will be quite straightforward and without worry. In my bones (and in my most prophetic dreams), I believe the ICC will find in favor of FAR, and uphold our right to PE the COP-to-WPL sale of 35%WI SNE.
FAR will creatively secure said 35%WI, and on-sell 25% (or more) WI in response to a very, very high offer.
Said monies could be paid FAR in francs, pounds, yuan, ringgit, lira, or even Jamaican dollars... who knows. But we will be all cashed-up and ready-to-go... obviating any need for a share-based CR. No dilution... no pain, no strain, but loads of octane.
I might be accused of being a member of The Pom Pom Brigade, or even an up-ramper.
I would be proud to be called the former, and do not consider myself the latter by any means. Anyone new on this board, please do not gamble your hard-earned money on what I've expressed herein. To all the naysayers, pick my bones clean like piranha if time-wrought eventualities prove me wrong... bring it. This is simply a summation of what I suspect will transpire based upon events to-date, the information we have all been afforded, and how I see the stage as being set at present.
Docta bredren (et al.), fare di well,
That's my story and I'm sticking to it.
-walk
- Forums
- ASX - By Stock
- FAR
- Arbitration update
Arbitration update, page-161
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
49.0¢ | 50.0¢ | 49.0¢ | $4.402K | 8.928K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 12569 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 42046 | 0.485 |
2 | 10000 | 0.480 |
1 | 10000 | 0.475 |
2 | 24999 | 0.470 |
1 | 50000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 3628 | 1 |
0.495 | 4607 | 1 |
0.500 | 10000 | 1 |
0.505 | 25000 | 1 |
0.510 | 100895 | 2 |
Last trade - 10.14am 03/10/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |