FAR

1.02%

49.5¢ far limited

I am glad some good posters are finally coming round to the...

First 80 Last

Share
Profile

Follow
cujo

13,293 Posts.

1234

28/03/18

19:18

Post #: 32098465
Share

Originally posted by Kfann ↑

Hi DB et al.,

I don't think COP is really doing any backflips. Their case probably hinges on accepting an inconsequential error of process that would not have resulted in a successful PE by FAR (inability to satisfy conditions) in any event.

And what COP or WPL 'say' outside of a court or a contract is given little or no weighting by the courts.

But I am interested in FAR's approach here which caught me a little off-guard.

Typical litigation involves, very simplistically, a 2 stage process of a) ruling and b) award. The 2 international arbitrations I have been involved in went for this duel-punch approach in order to, ultimately, save time and seek remedy.

FAR have appeared to opted to take a more 'efficient' approach and may not be seeking an award ruling from the court. This will make it much easier for the court to make a finding and ruling; not having to assess and rule on subjective arguments of loss and value.

We may/will never know the ToR of the case, but FAR definitely want the court to rule that their rights are preserved.

What happens after that will be the business end of the stick. If FAR win, they earn the right to sit down with COP and purchase or negotiate. Purchase would be the easiest path....

but we really don't know squat about this whole situation and are all likely to be a bit/ a lot/ totally wrong as far as this is concerned.

Cheers,

Expand

I am glad some good posters are finally coming round to the realists thoughts of what's playing out here.

FAR Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

ASX Market Open: ASX200 to rise for Friday session | July 26

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

There are more pages in this discussion • 52 more messages in this thread...

First 80 Last

Add FAR (ASX) to my watchlist

(20min delay)
Last 49.5¢		Change 0.005(1.02%)		Mkt cap ! $45.74M

Open	High	Low	Value	Volume
49.0¢	49.5¢	49.0¢	$4.017K	8.162K

Buyers (Bids)

No.	Vol.	Price($)
1	19637	49.0¢

Sellers (Offers)

Price($)	Vol.	No.
50.5¢	10000	1

View Market Depth

No.	Vol.	Price($)
1	19637	0.490
2	30000	0.485
4	89930	0.480
2	70000	0.475
2	78150	0.470

Price($)	Vol.	No.
0.505	10000	1
0.510	129688	3
0.515	2239	1
0.520	79910	2
0.525	30000	1

Last trade - 13.40pm 26/07/2024 (20 minute delay)

FAR (ASX) Chart

I am glad some good posters are finally coming round to the...

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

ASX Market Open: ASX200 to rise for Friday session | July 26

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I am glad some good posters are finally coming round to the...

Top Stories

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

ASX Market Open: ASX200 to rise for Friday session | July 26

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News