"As previously announced FAR Limited (ASX: FAR) is pursuing a senior secured Reserve Based Lending (RBL) facility. To date FAR has received credit approved terms for US$200m and is in negotiations to increase this to US$300m.
FAR will provide a further update on the project and financing on the 20th January 2020."
LOL. What a joke. Sorry to anyone who tipped cash into the SPP.
So they did not even get $300m! They are so far up the creek. No word on whether the people behind the placement are walking away either.
A complete shambles. Get your pitchforks ready.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 81143 | 49.5¢ |
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Price($) | Vol. | No. |
---|---|---|
50.0¢ | 3135 | 4 |
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No. | Vol. | Price($) |
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2 | 81143 | 0.495 |
2 | 29755 | 0.485 |
4 | 89930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 3135 | 4 |
0.505 | 10000 | 1 |
0.510 | 129688 | 3 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
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