Reading the CNE transcript and their proposed plan for further exploration and development it does seem like a lot of money FAR will need to come up with to fund. It would be ideal for management to give us some indication of how they plan to fund their share. My fear is the fact we are getting little guidance is because they don't have any appetising plan other then the usual passing of the collection tin around.
I agree we need some guidance inorder to decide as shareholders whether we wish to stay the course or not. In the absence of info it becomes prudent to plan for the worst, especially since mgt doesn't seem to have managed in the past to convert much of the positive outcomes into relative value for share holders. I'm hoping they can convert some value using their PE rights but its starting to seem as though they have been thwarted. Sorry not down ramping just having a shit day. GLTA.
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