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28/05/15

11:00

Post #: 15366851
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Originally posted by hardmano ↑

Two near-term news items are likley .. the rig contract and a deal on a farming to another block.

How do people see these being received by the market. Low rig rate is a positive. On the farmin I doubt that there will be a substantial cash requirement (some funding for 3D seismic perhaps) initially. I would see it both as a a very positive coup, another sign of confidence both in the area and in FAR's ability to raise capital down the track. Cath indicated that the small companies like FAR are the ones that do this sort of deal hence the COPs of the world aren't interested. They rely on the juniors to do the legwork then present them with the opportunity to farmin when the prospects are matured.

Is it likely to see the share price push through the sellers? I doubt it. What do people think.

H

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Originally posted by hardmano ↑

Two near-term news items are likley .. the rig contract and a deal on a farming to another block.

How do people see these being received by the market. Low rig rate is a positive. On the farmin I doubt that there will be a substantial cash requirement (some funding for 3D seismic perhaps) initially. I would see it both as a a very positive coup, another sign of confidence both in the area and in FAR's ability to raise capital down the track. Cath indicated that the small companies like FAR are the ones that do this sort of deal hence the COPs of the world aren't interested. They rely on the juniors to do the legwork then present them with the opportunity to farmin when the prospects are matured.

Is it likely to see the share price push through the sellers? I doubt it. What do people think.

H

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Hi all maybe someone could tell me how and who could have buys on at 10 cents at close of trade yesterday there was
100,000
800,000
500,000
500,000
278,000
in front me then my 200,000
At 4am i take a look at things and bugger me if i am the only one on the screen, so thinking these smarties know what they are doing i pulled mine off as well ,what i would like to know is if this is illegal who does one REPORT it too.
Cheers GLTAH

FAR Price at posting: 10.2¢ Sentiment: Hold Disclosure: Held
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Last 50.0¢		Change -0.005(0.99%)		Mkt cap ! $46.20M

Open	High	Low	Value	Volume
51.5¢	51.5¢	49.5¢	$12.21K	24.48K

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No.	Vol.	Price($)
2	17061	48.5¢

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3	48930	0.480
2	70000	0.475
3	84150	0.470
4	200000	0.465

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0.515	9742	1
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Sydney IP, page-10

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

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Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

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Buyers (Bids)

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Featured News

Sydney IP, page-10

Top Stories

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

Ironbark acquires two Mt Isa projects, notes 2,977 ppm copper at surface

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

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Buyers (Bids)

Sellers (Offers)

Featured News