Or....
just to speculate ...
5. Offload to another party looking to gain traction in the area. Could even be the same one that entered an earlier agreement with FAR to collaborate on future exploration opportunities.
It's simplistic to suggest that FAR is pursuing a PE rewind as if the only option is to fund it itself.
i would be disappointed to say the least of FAR did not have one or more parties waiting in the wings should the arbitration be successful.
Could even be a major prepared to give FAR some opportunity money to get into pole position where they can PE for Cairns share when and if they offload
Funding Options, page-145
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49.5¢ |
Change
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Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25802 | 49.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 26159 | 3 |
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| Last trade - 14.56pm 13/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |