FAS 0.00% 0.4¢ fairstar resources limited

question ?, page-17

  1. 581 Posts.
    kafe-----if the lease to the north has the same ammount of iron ore as the original,we are looking at a minimum of 40 million tonneX$120=$4.8billion dollars----less costs---so the few piddling outstanding loans wont even be noticed.Guessing a cost to get the ore onto a boat at $50-$60 per tonne,you should be able to figure out that this project is quite viable---we just need that start-up loan to go thru---good luck.
    PS---i bought some more shares yesterday too----fingers crossed.
 
watchlist Created with Sketch. Add FAS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.