FAS 0.00% 0.4¢ fairstar resources limited

1 - That's a broad statement, not grounded in any kind of fact.2...

  1. P87
    5,035 Posts.
    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.
 
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