Link
They already advised the market re the RBL facility refer to the FAR announcement and Media release 20 January 2010
Sangomar Field Development FID and US$300M underwritten senior facility
”FAR is pleased to announce a binding and committed underwritten US300 million senior secured reserve based lending (“RBL”) facility has been approved by Macquarie Bank Limited, BNP Paribas and Glencore, each to the amount of US$100 million.”
So FAR think the market has adequately advised no changes to that so no follow up announcement is unnecessary and no evil intent as you put it.
The SP at 1.6c which is less than it’s cash holdings is outrageous IMO just more evidence that the SP is outside FAR’s control. Don’t forget the directors buying up at over twice that price recently and the depressed CR at 4.2 couldn’t stop the trend to this level
Link They already advised the market re the RBL facility refer...
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
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| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |