I would not be so sure... I would expect that $200m USD is contingent upon FAR being able to get the rest of the cash it needs. No one wants to lend a company money knowing they don't have enough to complete project.
The capital raising placement is at risk, and so is that $200m USD. FAR aren't lying in this case because they're just not telling us the full story.
Ann: Financing Update, page-7
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $9.233K | 18.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19110 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 165000 | 2 |
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| Last trade - 10.02am 15/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |