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0.00% 0.4¢ fairstar resources limited

News: Fairstar Resources secures $260M funding wi, page-10

  1. dolcevita
    30,301 Posts.
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    10/06/13
    20:57
    Post #: 11868909
    re: News: Fairstar Resources secures $260M fu... when was that rumbai?

    not a helpful comment if there is no timeframe for it.

    I spoke with the CFO and he did not use the term BFS however he explained the overkill of doing a DFS when the resource is so cheap to mine. He did refer to the studies which were needed to satisfy the bankers, as being sufficient for the purposes of analysing cost and risk.

    FAS Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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