FAR 0.00% 50.0¢ far limited

is it just me or..., page-16

  1. 2,648 Posts.
    Is it actually worth paying $5 million to extend the lease?.Unless we can be assured as shareholders that there are robust negotiations in place that require extra time,then its a very large expense for a minnow like FAR to stump up for a lease that they cant(maybe)find a partner for.I think bringing Shell on board was a strategic mistake,because them walking(even though it was their stuff up IMO) would not instill confidence in the project...and rest assured,if FAR have to come up with 5 million there will be a cap raising and the dilution that goes with it.Maybe they would be better just sticking with Sinapa,which could be a good earner on its own.
 
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