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Big Dump and Capitulation, page-45

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barbal

3,196 Posts.

76

06/02/20

13:27

Post #: 42780612
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Originally posted by OFL8777: ↑

Seriously, the debate on this site is so one sided, what about all those soccer balls !!! no mention about any conflict there, all that money (our money!) FAR poured into these social programs, to get the governments favor. FAR even boasted about how close they were to the government.

Where is the problem with WPL setting up a finance company and lending a AAA client the odd US$500m at sightly below market rates, this is good risk management by WPL (well played PC)

Then we have FAR taking on WPL through arbitration smart move if they winner but imo will only get a small payout, silly move if they loose. Its crystal clear that the JV was going to organise funding until WPL took over and it also crystal clear that WPL have taken every possible action to put FAR under pressure and guess what, its worked the SP now bouncing around the mid to high 3's.

That's where the SP was before
1. The discovery
2. The appraisal of the find
3. The field being declared commercial
4. The JV making FID
5. The majority of finance being approved

All the above were suppose to re-rate FAR at each point and even though they have all gone reasonably well we see the SP fall like a stone.

Management have failed and failed badly and that failure can be traced back to one main event, they didn't hand out ENOUGH SOCCER BALLS and they failed to give PC a soccer ball, simple!

My hunger strike is not bearing any fruits (which I would love to eat) CN is appearing heartless not responding to my plea and the ICC are also following suit

Hungry Zip in the red

brown trousers have turned into a pile and unwearable

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"FAR delivered a very successful 2019 social program in West Africa to include a renovation of amaternity ward at Soma Regional Hospital, The Gambia Volleyball Federation National volleyballchampionship sponsorship and the electrification and external security light installation for SerakundaLower Basic school in The Gambia. In addition, FAR again donated footballs and uniforms to Senegalesechildren in the local community of Gossas"
It's nice to see us s/h help the local community.

FAR Price at posting: 3.7¢ Sentiment: Hold Disclosure: Held
6 Upvote

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Big Dump and Capitulation, page-45

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

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EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

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Big Dump and Capitulation, page-45

Top Stories

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

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IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Bitcoin: Current State of Play & Where to Next | Swyftx

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Emerald & Azure score Digger & Dealer awards

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News