$$$$$$$$$$, If fas had onshore oil and Gas then i would be most impressed. But alas they dont. Not yet anyway.
And as for the proposition that gwr shareholders are dealing themselves out of a valuable resource at Wiluna w all I can say is that i am already a share holder of a company that owns wiluna west. FAS have no chance of developing it unless of course they planned to sell off 50% for cash or bring in an equity partner. But we dont need fas to do that.
Also if pmm take over gwr for cash you can still retain an interest in the wiluna west resource by buying pmm shares on market.
It does not matter to me whether pmm give me cash or shares as long as i get a good deal. And fas never offerred a good deal. They are a bunch of cowboys with dangerous business relationships and would have been prepared to mortgage the company to the hilt to buy their new beamers etc.
No $$$$$$$$$$$$$ the FAS t/o is dead and buried.
Its simply a matter of time before gwr is taken over by someone more substantial with a better offer than fas.
GWR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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