FAS 0.00% 0.4¢ fairstar resources limited

alliance deal terminated, page-3

  1. 91 Posts.
    firstly, congrats to existing holders whom took this opportunity to exist at much higher prices than a few days ago.

    And - hopefully - congrats to Slim whom (hopefully) made a tidy 30% profit from his buy we so readily ridiculed last week.. I got it wrong, mate - my apologies ! (...but only if you sold !)

    IMO, reading this ANN is small part good, and as usual a lot of hidden detail which is the usual crappola.

    The good: a funding agreement - ANY funding agreement - can only be good for FAS, given where it was/is.

    The bad - did anyone notice how they need to stump up 15% deposit ? And they are using a "boutique" company to do it ?

    AND - they still need more funding to, y'know - live ? This is purely for infrastructure and transport...what about digging, admin, etc ?

    Wow - talk about not learning your lesson re: debt !
 
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