Hopefully the smarties at the AGM will ask pointed questions about funding.... the only question that is really relevant..imo.
FID is slated for at least 2 years out... and the (toxic) JV is being driven by JVPs who have little time for FAR (to say the least).. imo.
So, some clarity on funding options thru 2018/19 is paramount... glossy pompom videos and 'inside' winks will not cut it this time... imo, ask the hard questions!
i.e.
1. Funding (and/or exit strategy)
2. PE
3. DJ
4. Aussie asset liability
5. Who is the beneficial owner of the Meridian stake
6. Farjoys CR snub
The current and future SP, rely on answers to the above...imo.
DYOR
Hopefully the smarties at the AGM will ask pointed questions...
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $30.20K | 61.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18945 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 6324 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |