Disappointing Qtrly. Directors and consultants still taking shareholders funds. There is $4.88m in loans or facilities payable or outstanding. Have to wait for annual report to find out what other debts are on the books. Gives no indication on status of $65m. At the end of the day, if 20% can not be raised, then funding will fall over. It will be curious what the auditors think about this. Question is Is FAS solvent and able to pay its bills if funding falls over.
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