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
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $40.19M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 43.5¢ | $27.99K | 64.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 169999 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 76840 | 3 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
-0.005 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.0¢ | 43.5¢ | 96350 | ||
| Last updated 14.16pm 02/05/2024 ? | |||||
| FAR (ASX) Chart |