FAR 1.02% 48.5¢ far limited

DB....take a cold shower and try to see the reality.40% more...

  1. 1,166 Posts.
    lightbulb Created with Sketch. 525
    DB....take a cold shower and try to see the reality.

    40% more cost or not, is a moot point. FAR stated they had binding finance when in fact they had NO finance.

    The warning signs were there all the time;

    The shareprice will look after itself,
    Best million ever spent,
    1 year PE
    55% COS Samo
    etc. etc.

    PE was an 'exploration drill' mentality in Caths eyes....when what we needed was a 'production skillset' mentality. CN has been exposed as a one trick pony. Time for her to move back into the exploration office and bring in a more robust leader She's strong and determined, no doubt, she just doesn't have the overall smarts required or was required a year ago. It's a c@#k up of monumental proportions.

    Your harping on about the change in FPSO is just hindsight fuzzy noise. When the reality is that a different mindset at the helm could have quite easily sensed the building risks surrounding PE/FID/FINANCE a full year ago and come out of the exercise way back then with a possible JV financed production deal way before any bloody virus inflicted oil downturn.

    Do us all a favor and take five...you deserve a break.


 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
48.5¢
Change
-0.005(1.02%)
Mkt cap ! $44.81M
Open High Low Value Volume
49.0¢ 49.0¢ 48.5¢ $9.233K 18.85K

Buyers (Bids)

No. Vol. Price($)
1 19110 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 235 1
View Market Depth
Last trade - 10.02am 15/11/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.