FAS 0.00% 0.4¢ fairstar resources limited

Aboriginal iron ore mine planned, page-3

  1. 2,040 Posts.
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    Amidst the doom and gloom that surrounds the IO industry this is a feel good story and it is in the West.

    "to deliver two million tonnes of iron ore annually for five years from Western Australia's Pilbara".

    Just to refresh FAS has a potential 50 year mine. The fundamentals haven't changed, the price of IO is

    more than what it was when FAS was touted as a blue chip potential, albeit by themselves.

    Among 2500 of hopeful holders the resource is still in the ground,

    I haven't seen this posted before, at it height of 1.97$ it may of had 500,000,000 shares that's a MC of

    1bn$.
 
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