Special Scenic Train Ride, page-43

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Cannot imagine the big holders supporting the last CR if FAR’s financial arrangements weren’t solid.
Take your point though, phone conversations are not a reliable source of information, that’s why a further investor update is necessary.

POO is totally unsustainable at this level and if FAR were now at first oil loaded with debt, we would be in a very precarious position. Fortunately that is not the case, yes the SP is suffering short term, but in a bizarre way I believe this market will work to our advantage long term.

The market needs a shake up before it can repair itself, higher cost producers will be taken out to clear the field for the lower cost producers.
When POO shows signs of gain FAR are a sitting duck for a TO.
AIMO