"subject to syndication" .......
and "end of march" ....
at some point - the people that "lend" will ask the obvious question:
at the current OP, what is the cash generation......and does that cover the interest costs ...............
in simple terms
FAR's share of the project CANNOT CARRY us600m in debt, with OP in the low 30's ......
the IMPLICATIONS OF THIS ARE:
1. more equity shall be reqd
the market knows this ......and its why the "relentless" decline in the SP.......
at least GoodOil can count .....................
lolz
V_H
"subject to syndication" ....... and "end of march" .... at some...
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $9.233K | 18.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19117 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 10.02am 15/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |