FAR 1.06% 46.5¢ far limited

Ann: Half Yearly Report and Accounts, page-35

  1. 11,170 Posts.
    lightbulb Created with Sketch. 685
    Well if everything goes to plan and to that price, SP is worth 2.9c, but every problem reduces the value, potentially to zero. I expect FAR will get off a discounted placement if they need to make that cash call - investors are very aware of the pitfalls of selling at the bottom, and there is value there if survival is guaranteed, and time value ascribed to the project. A problem is that FAR has no say in WPL's timeframes for further exploration and investment.

    Does anybody have any well derived opinion on what WPL's likely timing might be, considering force majeure type factors?
 
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