Is it actually worth paying $5 million to extend the lease?.Unless we can be assured as shareholders that there are robust negotiations in place that require extra time,then its a very large expense for a minnow like FAR to stump up for a lease that they cant(maybe)find a partner for.I think bringing Shell on board was a strategic mistake,because them walking(even though it was their stuff up IMO) would not instill confidence in the project...and rest assured,if FAR have to come up with 5 million there will be a cap raising and the dilution that goes with it.Maybe they would be better just sticking with Sinapa,which could be a good earner on its own.
is it just me or..., page-16
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Last
48.5¢ |
Change
-0.010(2.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |