FAS 0.00% 0.4¢ fairstar resources limited

firstly, congrats to existing holders whom took this opportunity...

  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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Currently unlisted public company.

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