FAR 2.02% 48.5¢ far limited

Ann: Financing Update, page-2

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    "As previously announced FAR Limited (ASX: FAR) is pursuing a senior secured Reserve Based Lending (RBL) facility. To date FAR has received credit approved terms for US$200m and is in negotiations to increase this to US$300m.

    FAR will provide a further update on the project and financing on the 20th January 2020."

    LOL. What a joke. Sorry to anyone who tipped cash into the SPP.

    So they did not even get $300m! They are so far up the creek. No word on whether the people behind the placement are walking away either.

    A complete shambles. Get your pitchforks ready.
    Last edited by Sojourner: 15/01/20
 
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