Australia's largest stock trading and investment forum Australia's #1 stock forum

FAR

Click for more information

1.09%

45.5¢ far limited

.. you are assuming these ‘managers’ have skills in development...

First 4 Last

Share
Profile

Follow
Flipped&Flopped

430 Posts.

387

24/03/24

17:26

Post #: 73033278
Share

Originally posted by Hunting4Value: ↑

For clarity, my thinking was based on exploration not production, find and sell to a global company or country with deep pockets. My understanding there are few around. Maybe even free carried for a percentage. Sound familiar?

The company structure exists, let's make it work for us, return the majority of the Senegal funds to shareholders but keep some funds to commence the new organization and get busy. We get the payout and shares in new entity in an industry which has great potential in our own back yard.

In general, I just hope our management are seriously looking at possible ways to add value for the poor FAR investors who have seen their investment devasted.

Expand

.. you are assuming these ‘managers’ have skills in development of a mine .. clearly, they are just caretakers, overseeing the process to access the Woodside money owed to FAR .. they have displayed zero expertise in managing mining operations .. they need to just give every cent back to SHs and shut up shop .. please .. it is and has been a total disaster ..

FAR Price at posting: 43.5¢ Sentiment: Sell Disclosure: Held
8 Upvote

1 Great analysis

Reply

First 4 Last

Add FAR (ASX) to my watchlist

(20min delay)
Last 45.5¢		Change -0.005(1.09%)		Mkt cap ! $42.50M

Open	High	Low	Value	Volume
46.0¢	46.0¢	45.5¢	$66K	145K

Buyers (Bids)

No.	Vol.	Price($)
1	3051	45.5¢

Sellers (Offers)

Price($)	Vol.	No.
46.0¢	57099	6

View Market Depth

No.	Vol.	Price($)
4	143051	0.455
1	25000	0.450
1	30000	0.445
2	42500	0.440
2	84485	0.435

Price($)	Vol.	No.
0.460	57099	6
0.465	1400	1
0.470	3931	2
0.475	22200	2
0.480	3319	2

Last trade - 10.19am 27/05/2024 (20 minute delay)

FAR (ASX) Chart