FAR 3.30% 47.0¢ far limited

opinions?

  1. 1,931 Posts.
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    Hi All,

    I contacted FAR and this is the response I got. As you can see all the information has already been made publically available.

    As you correctly point out, the information we can, and are required to, release to the market is limited by the nature of the ongoing farm-out process. Confidentiality agreements have been signed with a number of companies and these must be complied with. Further, it serves no benefit to ongoing discussions to release general statements as to the progress of said discussions or to speculate on the likelihood or timing of success.



    The market has been made fully aware of our intentions with regards to a farm-out; that a number of companies are involved in ongoing due diligence; and the timeframe we are working in with regards to the expiry of the current phase of the licences.



    We remain consistent in our stance that no information on the progress of ongoing negotiations will be released until such time as a deal has been signed.
 
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