oh the resident ex holder expert has given his wisdom again priceless.
anyone following or investing in FAR know two many points
we are an exploration company playing for high stakes in offshore exploration very costly and there will always be lots of dilution if you actually manage to servive
going down the PE route even if 99% contractually correct (not suggesting that is the case) always carried risk and in particular timeline issues
but dispute all what's gone on even when managed poorly in my opinion we are still here and about to close funding on an excellent asset with significant potential upside and with that looming revenue the SP will rise; the timeframe to do so is uncertain but dispute what our resident sad clappers spouted out we are still playing,
it's clear a number of non holders would be best staying clear of investing in FAR and leave us tortured souls to deal with our faith
but remember it's all relevant there will be investors jumping in at these prices expecting an ok return so let's watch this space if and when funding is in place and critically when all the parties have signed off on FID which I think has missed its target
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1 | 2000 | 0.485 |
2 | 28930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
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0.505 | 611 | 1 |
0.510 | 59999 | 2 |
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