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FAR Ferro-alloy Resources Limited

4.40
-0.20 (-4.35%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ferro-alloy Resources Limited LSE:FAR London Ordinary Share GG00BGDYDZ69 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -4.35% 4.40 4.30 4.70 4.60 4.50 4.60 124,823 16:35:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ferro-alloy Resources Share Discussion Threads

Showing 3426 to 3446 of 3450 messages
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older
DateSubjectAuthorDiscuss
22/12/2023
10:03
Surprised David Burton hasn't shilled this yet.
shortcpx
22/12/2023
08:11
Another cracking update from NB, further delay, how much confidence is left for them to ever complete the FS and build the processing plant ? NB needs to resign IMO
thomas11
10/10/2023
16:36
And released in the early afternoon too - Not surprised the share price fell -
pugugly
10/10/2023
16:14
Another typical NB delay, not surprised people are losing confidence ?
thomas11
11/9/2023
15:58
Starting to sound a bit cliché now with concentrate supplies. Since q1 we have been told that supplies are just about to match capacity but have been held up. But don't worry, were expecting a well supplied q4!
t_headder
11/9/2023
11:56
Shame the share price doesn’t reflect your positivity. It’s in the doldrums due to the likelihood of further shareholder dilution and the possibility of VB pulling out.
ttlance
11/9/2023
10:54
Same old jam tomorrow, NB looking forward to a much improved next quarter. Does he think we are stupid!! Time for him to exit. So many inconsistencies with his comments, an investor doesn’t have any confidence with these news releases. Shocking loss again and feasibility study now expected next April at the earliest.

I’m now starting to think VB may well pull their investment.

ttlance
11/9/2023
06:52
"Overall loss for the period of US$1.5m (2022: loss of US$0.7m)"
Say no more - Trying hard but outlook very foggy -

pugugly
23/8/2023
15:56
Wilo101 of course the current plant is relevant. More shares issued means the company has to generate more free cash flow in order to maintain the earnings per share which ultimately dictates the company’s dividend yield. If the plant isn’t profitable by 2026 there is likely to be another 400m shares issued and that’s before further dilution that far are proposing in order to fund the build. All of these shares being issued will give a market cap today of the equivalent of circa 30p but the share price will remain at todays current 10p due to the huge amount of shares having been issued.
ttlance
23/8/2023
15:46
Mesb48, the problem is the uncertainties of RNSs released, one minute NB is saying all is well and a corner has been turned and then the next minute he drops an announcement like the last one. It’s certainly not helping potential investors from investing. I for one won’t be investing further until they have shown that they have consistently turned a corner. I don’t think the feasibility study release will result in a major sustained rerate in the share price, solely because of the ongoing risk of shareholder dilution until phase 1 is operational, which is likely to be late 2026, possibly 2027, if it goes ahead.
ttlance
23/8/2023
15:18
nothing to worry about, existing plant irrelevant in the big picture and long run
wilo101
23/8/2023
14:47
It’s a shame this has turned out the way it has. When the VB deal was announced many moons ago, I honestly had high hopes they’d be further forward than things are now. I guess loads of other companies experience delays in producing feasibility studies, so that shouldn’t be a surprise. The problems with the raw material supply for the existing plant are harder to assess, having never worked personally in a region that even comes close to being similar, it’s also hard to be too judgmental I think.
mesb48
22/8/2023
00:45
of course they would love to buy more, and on the cheap, they are not an altruistic investor and no doubt dream of control
wilo101
21/8/2023
21:02
TT,

Did he..ah ok

jailbird
21/8/2023
19:52
Jailbird, cyber bailed out a while ago
ttlance
21/8/2023
09:02
Wilo

Thats a lie unless you can prove it.

VBR cashed up? ,they raised multi millions a little while back.
Vision blue have just raised another $650 mill for investments

jailbird
21/8/2023
08:32
VBR would love to buy more and are cashed-up
wilo101
21/8/2023
08:00
This isn’t irrelevant at all, as jailbird has mentioned this continual loss will result in more dilution.

The concerning thing is that phase 1 is unlikely to be operational until late 2026 at the earliest due to FARs history of not hitting timelines. This means we will have continual share dilution until then again based on FAR not hitting its production targets.

I was thinking by the time phase 1 is operational there may be 1 billion shares in issue but this could be significantly more now. I won’t be investing any more until I’ve seen at least 2 quarters of sustained high production.

ttlance
21/8/2023
07:15
Wilo

Not irrelevant at all in the scheme of things unless you like to be diluted away because of continuous failed targets and incompetent BoD.

This has become normal behaviours and process for junior miners.

Only thing is normal, is that your shares are going to be diluted away and then you best hope the DFS is feasible one. Good luck with trying to raise debt and huge amounts of money it this climate

I think VBR have realised, this was a mistake too

jailbird
21/8/2023
07:06
All irrelevant until the BFS is signed off, approved and published, the current plant was just a trial plant to prove the process and they kept it and made it a small business but a side-show in the scheme of things, and transport and logistics have always been a challenge in this land-locked region, and exacerbated by the R-U war.
wilo101
21/8/2023
07:06
Opened 18% down - Expect further falls during the day -
pugugly
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older

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