Cairn Preliminary Results and Cath's MMC Presentation, page-4

  1. 3,648 Posts.
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    Perhaps Tony we are just caught between a `rock and a hard place`.

    If we didn`t find anything, well its all over and we move on and sometime down the track we do a CR
    for the next venture or as in our situation, we have found something.....so we need some more money
    for that spot over there only to find we have found something there too, so lets get some more money
    again and try `say` that other spot over there.....and so forth.

    Someone did mention , what holds us back is the next CR....initially I thought I doubt it, we will be up to
    SNE 49 in a few years and that excuse cannot go on forever. But maybe it is true, the big boys know
    that we will always need money and `I don't know`....but can they put a lid on our SP. What good it does,
    absolutely nothing. Money has to be raised, so what difference if they make 30% on 8c or 30%
    on 15c?

    But as Hardmano has posted, perhaps the unveiling of al lot of information on Tuesday will hopefully
    no longer hold us back and people with the big money just need clarification on what their money is doing. They need to determine whether it FAR is a punt or a future investment, we retail are pretty sure....
    but where the real money is .....there the ones that really want to know.

    For future CR`S, we need a mother of all CR`s and then we can eliminate any doubts for 12/18 months.

    As always just my opinion and usually have little idea, but to keep holding FAR.
 
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