there's are many ways for FAR to raise money however most will dilute the existing SH's and right now we are sitting at round 2.6b shares on issue .................. don't forget they will need round 4 to 6 appraisal wells to confirm the reservoir using your $7.5m and x4 holes that's $30m FAR may need to raise @ your figure of 0.25c will be an additional 120m shares and that's if the SP gets to 25c ps
Just my thoughts ............... however lets wait for the ann then this conversation will take on a more meaningful slantand we can start another thread headed 'what are we going to do with our money'
Nervously optimistic, page-43
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46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 45.5¢ | $31.34K | 67.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3338 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 199900 | 2 |
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