FAS fairstar resources limited
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fas investor or miner, page-2

  1. otakou
    1,464 Posts.
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    26/09/08
    14:17
    Post #: 4316375
    Apology to Managing Director.

    I missed the last line of the report which states that Fairstar spent 4,092,267 on drilling for oil in Victoria.

    I could not find it earlier in the accounts.

    Clearly expenditure on oil/gas exceeded his salary and extras for the year.

    I guess this explains why the drilling rig went to Tasmania and more punters don't drill for oil.
    FAS Price at posting: 12.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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