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If you’re referring to my post, I actually got that by asking Gemini which is googles AI chat box. I asked : what are the prospects for FAR this year? and out popped the answer. Gemini like chat GTP et al scours the internet and then provides the answer. It probably would have searched FARs website too.

You have to be careful what answer you get but with something factual like asking about a share, it’s quite good.

We investors of FAR must be patient this year. If it’s gone quiet then it’s because they should be negotiating a multi million dollar financing agreement which should keep Nick Bridgen and the board very occupied.

For the remainder of 2026, ⁠Ferro-Alloy Resources (LON:FAR) is advancing through a critical development timeline for its Balasausqandiq vanadium project in Southern Kazakhstan. Market analysts and corporate updates point to several forthcoming milestones expected later this year:Upcoming 2026 MilestonesProject Financing Commitments: The company's lead financial advisers (⁠Northcott Capital and Oval Advisory) are actively negotiating with Chinese banking and insurance institutions to lock in formal project funding. This includes potentially accessing the Sinosure credit scheme to reduce costs.FEED Contract Completion: Front-End Engineering and Design (FEED) activities are underway following recent capital injections. These activities are expected to reach completion before the end of the year.Final Investment Decision (FID): Upon finalizing the financing framework and engineering reviews, the firm is aiming to reach its official FID milestone by the end of 2026.Commercial Offtake Agreements: Management is continuously progressing discussions to secure binding commercial off-take agreements for both vanadium oxides and its ⁠Carbon Black Substitute (CBS) by-products.Recent Context (First Half of 2026)This forthcoming news builds on steps already achieved earlier in the year:Upgraded Project Economics: In late April 2026, the company posted its 2025 final results, revealing a reduced net loss of US$8.42m and an upgraded Net Present Value (NPV) of US$931.6m for the main project.Equity Infusion: The firm successfully closed an equity raise of £1.57m at 5.5p per share to jumpstart the 2026 front-end engineering activities.

They are sorting out the funding. Announcement in the second half of this year.

We need news on the Loan Guarantees. The company is working with Sinosure (the Chinese state-owned export credit agency) to provide financial guarantees for the loan. This is really pivotal.

According to Panmure news on the funding will be concluded second half of the year.

We must be patient.

Once the funding has been sorted then we should see a re-rate. The feasibility study is a milestone but it’s the funding that really counts for any mining company. We need this news sooner rather than later. If time drags with no news then investors will start to doubt the viability of the project. We are in a very pivotal moment in the company’s history.

The slight advantage that FAR has is Sir Mick. Surely he can help get the funding over the line?

Is it worth FAR delaying good news announcements due to the Middle East? Any announcement may get a subdued reaction.

Or are they compelled by regulation to announce significant milestones?

We will get a drop tomorrow, needless to say. We got a drop the last time back in June 25 when Trump and Netanyahu hit them the first time. It took a while for the share to get back to where it should be. This could subdue any good news the company releases in the next few months.

Or am I over egging this?

Knowing Bridgen, any news will be left till the very end of any timescale previously announced, and then delayed at the last minute.

They’ll be no more topping up into FAR. Nick Bridgen needs to close the deal. That botched feasibility study has done it for me.

I bought this share at around 30p and 13p. Thankfully didn’t spend too much.

Well, is this company going to die? Or is there life in her yet?

The short term holders will be selling. It’s frustrating for all of us long term holders who have been and will be with FAR for the long term to see this drop. We must be patient. But it’s great to see an IRR of 31%.

Nick Bridgen must continue to deliver.

Is he up to the job?

I have real reservations about him now.

Https://youtu.be/8Fr5gNAoWRk?si=ZVpyb4jTl04VNnht

I agree that Sir Mick can help with the raise, but I don’t think VB has that sort of financial firepower. He has the contacts to help raise funds from other bigger institutions. I’m wondering if the Kazakh government might be asked to contribute. It’s their resources. Anyway the capex is of concern and the tone of the RNS tried its best to counter the capex.

The CBS has now become absolutely vital. The revenue will be needed to pay down that capex.

What I don’t get is that they delayed the FS to incorporate the CBS data and has that really happened? Does the IRR include the CBS? it didn’t. So what was the point of delaying the FS. All that did was sow uncertainty back in late June. I’m not so sure about dear old Nick Bridgen.

Also the mine has a 20 year life span. Did Nick Bridgen confirm this previously?

Quite frankly I don’t know what to think. We shareholders are beholden to FAR. I have invested a fair whack, and to see another delay is so disappointing. I have been defrauded by Hurricane Energy and Sirius Minerals before. I don’t think this is the same but I concerned that the company is sold on to a big conglomerate on the cheap.

Believe me everything that can be crossed, is crossed!

Good luck all.

Come on FAR, show us the money!!!

It might not be tomorrow but Tuesday when the feasibility study is released. If they kick the can again, I don’t want to think about what will happen to the share price. It would be a horrific slap on the face of every shareholder, including Sir Mick’s.

The study must also give nothing but good news. Anything negative and the multi bagger we were all hoping for will not materialise.

Morning all, so we believe the FS will come at the end of September. Do we think that it might come before?

FAR is not part of AIM. It’s small cap. I made the same mistake and was corrected about 3 months ago