1 - That's a broad statement, not grounded in any kind of fact.
2 - Another party, Alliance, will come to the table, ON THE CONDITION, that FAS can secure approximately 4 times their current market cap in additional funding. Given the current market conditions that would be some achievement.
3 - Aspirational - Could be, estimate - all language used in the market correction on the 14/06/2013
4 - Close to a rail link, great. Without capital to mine the product, it's a patch of dirt near a train.
5 - Really? That's interesting.
I think you're views of how an investment decision is made are a little naive.
I hope for the sake of long suffering FAS shareholders something comes of this and you all make it rich.
I just note the convenient caveat in the funding proposal, the current cash condition of the company and I'm skeptical.
Good luck guys.
FAS Price at posting:
1.2¢ Sentiment: Sell Disclosure: Not Held