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

  1. whiplash
    53 Posts.
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    11/07/13
    20:32
    Post #: 11993379
    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.

    FAS Price at posting: 1.2¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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