FAS 0.00% 0.4¢ fairstar resources limited

arie51---apparently this theme of 80/20 finance is a lot more...

  1. 581 Posts.
    arie51---apparently this theme of 80/20 finance is a lot more common than myself and others thought----the reason i see that a financier is not willing to front up with 100% is that it would be too easy for themselves to be dudded--IMO----so,if a company can convince another lending party to offer up the remaining 20% it appears to me that the original lender---although genuine--is letting the second party scrutinise the value and integrity of the mining company---more or less letting the 20% lender do all the hard work---then the 80% lender is happy to reap in 50%of the profit----this is my view and to me it makes sense-----i am happy to hold and fully believe this project will get off the ground soon----thats why i hold quite a few shares and options.Good luck with your holding.I speak to someone at the office almost on a weekly basis and i have visited the office (which is a long way from NSW where i live)and to me it looks as though they want a sucessful outcome just as much as i do!
 
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