I agree im principle with the article theme - absolutely, miners now more than ever rely on private equity funding.
However, for Fairstar the similarities stop there with the rest of the article.
Here is a small comparison:
Wolf minerals - 45c share price, approx 197 million shares on issue for a $89m MC, winner of Eurpoean Deal of the year, are commencing construction, have a regularly updated website with information, actually deliver stuff.
Fairstar - 0.8c share prices, approx 1.6 billion shares on issue for a $18m MC, favourite pastime of issuing 3B's, has more debt, less delivered and are being watched by the ASX
Oh - and the directors of both companies are paid about the same....see an issue here ?
FAS Price at posting:
0.8¢ Sentiment: ST Sell Disclosure: Not Held