FAR 1.01% 50.0¢ far limited

Ann Incoming!!!, page-26

  1. 13,293 Posts.
    lightbulb Created with Sketch. 1234
    The 1c is the good news.
    You were warned the next upgrade would be minimal for the 2c by management.
    All those 800b/boo 2c hang your heads.
    Not one mention of PE as expected.
    Management going about their business of staying in the game.
    Expect another CAP raise about February.
    Will they consolidate before that?
    My bet is YES to remain a legitimate player.
    That is when the fun really begins IMO.

    FAR would have approx. AU$50m by the end of this quarter.
    Enough for next 3 wells but they will raise before that runs out as management don't like to be short.

    Consolidation carries risks but has to be done.
    Not trying to scare but VMT consolidated to 50 cents....100 to 1 from memory.
    They now trade at about 17 cents.
    On the other side of the coin SEA more than doubled SOI at 13.5 cents to survive.
    Trading now at 16 cents.

    Its a tough world out there for all.
    Don't let expectations rule your head.
    Money is still very tight.
 
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