FAS
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0.00% 0.4¢ fairstar resources limited

fas sold gwr shares, page-3

  1. asx007
    444 Posts.
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    28/09/11
    00:29
    Post #: 9019553
    As RIO said finance for new projects is next to impossible.Having a strong balance sheet and income is paramount to survival.We have more debt and more financial issues than the Greek government.Only good news is once the last nail is put into the FAS coffin we all get good writeoffs in future capital gains tax.Can't see much oxygen left in this company as the demand for commodities will slow.I can only sit and kick myself for being foolish.The question is who will end up with this project?
    FAS Price at posting: 3.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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