No quite the same and very high rate of return.
Really wouldn't want any type of equity component with this funding method.
Has to be some type of debt but the quantum is big, maybe higher rate for the first tranche and lower as the project proceeds to first production.
But if they have a big boy Sugar Daddy then it's easier for FAR to remain in the game.
If such a sugar daddy offered four bucks a barrel then over night FAR see though value would more then double the current share price.
We know soon I expect, or is that hope.
No quite the same and very high rate of return. Really wouldn't...
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49.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 49.0¢ | $10.77K | 21.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14178 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 20000 | 1 |
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| Last trade - 12.19pm 25/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |