Looks like even the Xmas card was full of it given they're still working on securing financing right up to the last minute.
At least they're making an effort, but this is looking like a really costly last minute bodgey job that still is up in the air and may not be nailed down in time.
With the capital raising contingent on them securing the $350m debt facility by 31 Dec... my interpretation now is that FAR are saying they might be able to get $300m, but there is still $50m to go... but that won't get done until after the 31 Dec deadline - So does this mean the capital raising is now well and truly in jeopardy?
How do you read it Ya?
Also, is it just me or has this announcement been deliberately butchered to make its comprehension as ambiguous as possible?
Looks like even the Xmas card was full of it given they're still...
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