Ann: Change of Director's Interest Notice, page-124

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mojohand

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11/03/20

13:06

Post #: 43425820
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Originally posted by dodds ↑

"Angelique was also keen to confirm that recent levels of company reporting had been more than adequate to convey company developments to date. She also confirmed that the major shareholders were happy to remain focused on the longer term potential and objectives and today it was just business as usual "......

So herein lies a big part of the problem in my view. Either 1) some plans are in some sort of trouble and they don't want to say it, - or - 2) management is simply not interested in its retail shareholders. If 2), then the above comments (and thanks Mayochen for sharing) suggest a strong ignorance by management about how their many retail shareholders are sitting back nervously wondering what is going on - will FAR even be around in two weeks/months? It also suggests that management is talking to their major shareholders (how else would management know those shareholders are still focused on the end prize?), and yet they cannot find time to provide some sort of re-assurance to their hundreds of smaller shareholders?

If FAR do get to the finish line (production), management may end up being lauded as good managers. However, time is running out for them to show themselves to be good LEADERS. Whether it is with political constituents or company shareholders, only part the job is "managing" the other part is making sure those who support you are informed, that they understand you are working for their interest, and that they see/hear from you not only when things are good, but even more importantly when things are not good and/or challenging.

As of close of trading today we sit at 1.9c (so is this regarded as "business as usual"?). After a share price rout yesterday (and after previous weeks of continual decreases), even with with a reasonable market uptick today...at the close FAR could not eeck out a single pip increase (and yet......its "business as usual", and "recent levels of company reporting had been more than adequate to convey company developments to date!!)!

The question is - Where are the FAR Leaders?

dodds

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However, time is running out for them to show themselves to be good LEADERS.

We are way past that point in time. Way past and then some....

FAR Price at posting: 2.0¢ Sentiment: None Disclosure: Held
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Last 48.5¢		Change -0.015(3.00%)		Mkt cap ! $46.20M

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Ann: Change of Director's Interest Notice, page-124

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