FAR 2.91% 50.0¢ far limited

Desperate and sad time., page-11

  1. 5,077 Posts.
    lightbulb Created with Sketch. 789
    Something doesnt seem right here on the share slump:

    WPL CNE Petrosen have all declared FID.
    They all want it as its lucrative
    FAR raised $147million easy (ok ok at low price)
    Two major banks stump uo 200 million
    ok one bank bailed for some reason
    So undeniably the project is highly attractive amd meets a commercial project basis even on borrowing all.

    If we get our last 100miliion from the two banks then the share price cant be capped down.

    Question to Cath is if we dont Get the funding there is a formula for woodside to buy some of our share. It may explain why the share price did not drop any more (apart from the manipulated price dump at the last minute).


    if anyine goes to meeting ask Cath on what options she has if we dont get the money.





 
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