FAR 2.91% 50.0¢ far limited

I did!As for the 'cash'..... that has been remitted to the JV...

  1. 5,932 Posts.
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    I did!
    As for the 'cash'..... that has been remitted to the JV account... imo.....administered by WPL... it cannot 'return'..... unless the whole JV agree ... plus the Govt...i.e. .... highly unlikely.
    CNE have reported ... 2 'cash calls' ...so far.... meanwhile... FAR have reported...... something along the lines of ...' 1 cash call expected end Feb.... then nothing til later in year'....Oh Dear

    The only way to 'cash up' is by selling all equity in SNE ..... or a T/O....again......both highly unlikely.... unless an administrator is appointed..... and sells the asset out...imo..... in this scenario perhaps......,,,, .005c per share *might* be available for holders...... after costs...imo.

    Are we having a 1c party??

    DYOR



 
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