FAR 0.00% 43.5¢ far limited

yeah i have to say its a funny thread is FARlast week about how...

  1. 2,558 Posts.
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    yeah i have to say its a funny thread is FAR

    last week about how company will collapse as will not get the extra 100mm

    this week get the money and all good and celebration. IMO the update last week on financing wasnt warranted as just caused confusion

    now its bad financing rate - but what did people expect a rate in line with a mortgage. Its a small explorer with presently one asset and some potential other assets (yet to be seen) - all banks havent liked energy fr a while and certainly not 2019 so 725bp over in this market with 3 years to first oil is pretty good for who FAR is.

    and people concerned abt Glencore - so funny. I with kb here just relax and enjoy the ride - markets like income streams and certainty and growth - whats FAR got today ???

    its a stock for the future and just a warning if the Gambia does turn rich then dont forget they will need financing as well. Thats how the cookie crumbles in the game of oil exploration.
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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