FAS 0.00% 0.4¢ fairstar resources limited

fairstar about to explode, page-44

  1. 2,131 Posts.

    Agent86

    No need to ramble on, I was pointing out that the company put out a timeline that was never going to happen. The company should have known that the time it takes to get things done is nowhere near the time frame that they allowed.

    Why would they put out such a timeline???

    Could it be that they didn't know any better? Or was it something else?

    So maybe you could fill us in on the progress that has been made since the September announcement? After all, the mine plant and equipment should have been commissioned and they were going to be commissioning the railhead by now. Where are they up to??



    If you have ever been involved in developing a mining project (which it seems that this company has not) you would be well aware of the steps to production, posting an unachievable timeline will just lose you any remaining credibility.



    This company has not only failed to keep to the timeline, they have failed to keep to any of the points, they said one month for enviro, are you aware that it sometimes takes years for enviro approval, that is after Native Title. How are they going with that ?? Do you know how long that takes?



    Any way enough from me, lets see how they are going in a few years time. It takes many many millions of dollars to get to the point that another company will invest the money needed to get to production. I think that you will find in a few years time that they are still not in production.



    Cheers ..
 
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