FAR 0.00% 52.0¢ far limited

Very surprising FAR didn't raise money above 10c when they had...

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  1. 6,066 Posts.
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    Very surprising FAR didn't raise money above 10c when they had the chance.
    $100m in the bank would be a strong position, even more so if this drill turned out good.
    They were always eager to raise well before cash was expended over the last few years.
    I guess they got lured in by the chance of 50/50 but now it will be at the same prices as over the last number of years despite the higher oil price and market sentiment in the industry.
    Disappointing for holders.
 
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