Cosmoterios,
Cost overrun incurred last year will be paid this quarter. After cost overrun had been paid FAR will still be sitting on 30mil (+-) at end of quarter.
No need to immediately raise but if environment is favorable, I'd think they may raise a few mil pre-appraisal with a much bigger CR after first or 2nd appraisal well.
Capital Raising, page-11
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Mkt cap ! $46.66M | |||
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