FAS 0.00% 0.4¢ fairstar resources limited

article, page-2

  1. 91 Posts.
    Hi Iconic1,

    I agree im principle with the article theme - absolutely, miners now more than ever rely on private equity funding.

    However, for Fairstar the similarities stop there with the rest of the article.

    Here is a small comparison:

    Wolf minerals - 45c share price, approx 197 million shares on issue for a $89m MC, winner of Eurpoean Deal of the year, are commencing construction, have a regularly updated website with information, actually deliver stuff.

    Fairstar - 0.8c share prices, approx 1.6 billion shares on issue for a $18m MC, favourite pastime of issuing 3B's, has more debt, less delivered and are being watched by the ASX

    Oh - and the directors of both companies are paid about the same....see an issue here ?
 
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