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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

I’m sitting on a loss too but they haven’t mined anything yet. Take heart that there are some sound institutional investors such as Vision Blue who have invested in CUSN, and the government has pumped in a few quid too. Believe me governments don’t invest to lose money. They are under too much scrutiny to lose money.

I will continue to invest in CUSN. But nothing is guaranteed. DOYR.

for the lth of far this is an important moment coming up. i was very critical of the push back in the feasibility study. we keep waiting for this moment and have waited for some time. they had better get this right. they must reward us for our loyalty through the peaks and of course the many troughs and more importantly rewarding us for believing in the project. they can’t just lick sir mick’s arse, they have many private investors who they owe. and what they owe us is shareholder value. it’s effing time to deliver, and if they **** this up, then many of us will probably never invest again, might as well stick it all under the mattress.

good luck all, remember nick bridgen owes us.