FAR 0.99% 50.0¢ far limited

Erin Energy Announces Farm-Out Deal With FAR for Gambia Blocks, page-3

  1. 2,945 Posts.
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    That's AUD$6.75M that I assume is payable on notification of the Gambia Govt approval. Either FAR are aware that there is money coming courtesy of PE or the cupboards are bare and a capital raising / placement is very close! Bit of a worry when Bell Potter come out with an analyst report on FAR VR-1 well before the ink has dried on the FAR announcement. Will need to see what happens with the sp in the next few days! A close below 7.2c in the next few days would not be a good omen!
    Last edited by PhillW: 28/03/17
 
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