FAS 0.00% 0.4¢ fairstar resources limited

Why stop at 10c? even $1.00 is only $1.35 billion market cap.20...

  1. 53 Posts.
    Why stop at 10c? even $1.00 is only $1.35 billion market cap.

    20 Mt of ore is worth $2 billion and it will virtually mine itself.

    Even a 50% share is $1 billion quite close to $1.35 billion. They have $124m of accumulated losses so there will be virtually be no tax on the profit.

    liberals will axe the mining tax when they win in September.

 
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