"We expect any Senegal appraisal program will be conducted over the next three years, providing FAR and its shareholders ample time to fund the entire program. The company is already evaluating its various strategic options to fund any appraisal program. We expect we will be able to fund the next several years of the program with future funding likely to come from a combination of asset sales, equity raisings or other forms of financing."
To me that sums up Cath's thoughts on the issue , what happens after appraisal who knows but the Company has the aim to maximise the value we have in Senegal and so they should. I can't see anyone offering 30cps or $960mil before appraisal but if they did there would be a race to the exits by many...
Cheers Whisky
FARst train, page-16
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48.5¢ |
Change
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Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 48.5¢ | $34.87K | 70.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27749 | 48.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 10897 | 2 |
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