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24/12/19

19:57

Post #: 42123825
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Originally posted by rollacoaster: ↑

I would have thought FAR might have taken the oppurtunity to promote and clarify the fact that US$50m was not required if that was the case.

Instead now we have no idea if they are US$50m short on the secured debt or don't need the US$50m.

In the absence of any information about costs reducing in the last 2 week's I think it is a reasonable assumption that they may be $50m short on the senior debt.

US$50m or A$73m is quite material in either scenario described above. Guess it is best just to be ambiguous and scant on information so as to make sure the shareprice has to look after itself.

The shareprice is down/flat today despite this FID and financing update.

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How many times do you think you have to make the point!
We got it the first time!
Mantra comes to mind.
Merry Christmas all

FAR Price at posting: 4.2¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 44.5¢		Change 0.015(3.49%)		Mkt cap ! $41.12M

Open	High	Low	Value	Volume
44.0¢	44.5¢	44.0¢	$308.3K	700.7K

Buyers (Bids)

No.	Vol.	Price($)
1	18178	44.0¢

Sellers (Offers)

Price($)	Vol.	No.
44.5¢	37406	2

View Market Depth

No.	Vol.	Price($)
1	18178	0.440
1	50000	0.435
4	257704	0.430
1	50000	0.425
2	79261	0.420

Price($)	Vol.	No.
0.445	37406	2
0.450	138349	8
0.455	1200	1
0.460	1260	1
0.475	15383	1

Last trade - 16.10pm 07/05/2024 (20 minute delay)


Last 44.0¢			Change 0.015 ( 1.15 %)
Open	High		Low	Volume
44.0¢	44.0¢		44.0¢	160506
Last updated 14.04pm 07/05/2024 ?

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