Ann: Successful completion of AU$45 million capital raising, page-79

Cheers H and you bring up a good point regarding the potential aftermath of a CR before SAMO , I could probably add to that by saying FAR very likely discussed the issue of raising prior to SAMO with their advisors and were probably told that A: Your nuts. B: It would have to be done at a large discount and C: there is a good chance of it being undersubscribed...big providers of money are not stupid, they don't support coin tosses especially at the SAMO induced inflated price, they were also aware at the time FAR didn't need money for SAMO but would need cash later if SAMO didn't come in. Also FAR itself would have been less aware of their cash requirements going forward at that stage.

FAR has always required big money support , without them we are toast ( some of us may require it as well by the time this is finished .. ) , they and other deep pockets have supported the Company in its quest to develop what is a very good asset for the simple reason they expect good money from it in the long term, but are not in the business of gambling on the results of an exploration well with their clients money IMO ...they also do things on their terms and are in a position to do so...as it so happens most will be well underwater from previous support and they plus retail holders have had ample chance to hoover up shares at a considerable discount to the previous 4 raises if they so wished...

We are where we are now regardless and what matters is what lies ahead..

Cheers Whisky