FAR 4.00% 52.0¢ far limited

FAR AGM, page-37

  1. 4,715 Posts.
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    The irony is FAR is in considerably better shape than many oil Companies at the moment simply by having cash and no debt and its obligations getting further into the distance by the day, there is carnage in the shale patch.If nothing else we have bought time.The biggest cure for low oil prices is a low oil price.

    LOLZ .....................

    they are MINUS 500m+++

    if they don't find a solution (aka merger), then this thing will either

    go bankrupt
    or have < 80m in the bank and no significant asset

    rgds
    V_H
 
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