FAS 0.00% 0.4¢ fairstar resources limited

half yearly acounts, page-2

  1. 444 Posts.
    Holy cap.Thats the worst set of numbers and report that I have read.A $4m loss in 6mths and that is after they raised $2.4m by issuing 45m shares.How can they be spending that much money in 6mths and only show 4500mtrs of drilling done on the project.I note the auditor doesnt think they can keep operating.It must now be up to KR to think about if they go forward.Operating while knowingly being in this much trouble is dangerous.I have more than they have in the bank.Questions have to be asked about the running of this as it just doesn't look like they know how to budget.I am calling them as I am now very concerned about my money.
 
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