FAS fairstar resources limited
Add to My Watchlist 0.00% ! 0.4¢

after the option take-up, page-3

  1. rumbai12
    327 Posts.
    lightbulb Created with Sketch. 12
    clock Created with Sketch.
    26/01/12
    09:06
    Post #: 9600300
    I think I would work on a $50/mt profit figure.

    With 1 Billion shares on issue and producing 3 million mt @ 50. 7x earnings.

    150m x 7 = 1050.

    Therefore around $1 per share.

    Maybe management will need to buy back some shares or pay dividends with future cash flows.

    FAS Price at posting: 3.3¢ Sentiment: LT Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Anson Adds 100 Strategic Claims to Green River Lithium Project
right-arrow Created with Sketch.
NEWS Copper and Base Metals Targets Confirmed at Minbrie with Drilling Ahead
right-arrow Created with Sketch.
NEWS Gold Mountain Expands Anomalous Rare Earths Areas at Down Under Project
right-arrow Created with Sketch.
NEWS Activeport Secures Network Transformation Contract with Ishan Technologies
right-arrow Created with Sketch.
CC9 Chariot to Acquire Majority Stake in a Nigerian Lithium Portfolio
right-arrow Created with Sketch.
VMM Colossus PFS Unlocks World-Class Project Economics and Positions Viridis for Global Leadership
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.