FAS 0.00% 0.4¢ fairstar resources limited

Ann: Appendix 3B , page-3

  1. 91 Posts.
    Thanks to the previous ann and the SP reaction due to the most awesome picture of a Handshake - they get to raise at higher SP levels than a month ago.

    Happy daze for the directors, who once again get to supp on Grange and Lobby for another month. Maybe some caviar and Krug, just to mix it up ?

    Still not sure how they are going to stump up the 15% deposit for their new "agreement". They cant use 3B's as that is needed for "working capital".

    15% of $176m is approx $26.4m.

    Raise a 3B for that at current prices, that's about 3 BILLION shares to be issued !

    Until then, IMO the Director will want you to keep the faith, stay loyal and have positive energy !

    Just a thought - do you reckon CSR got into this agreement thinking Fairstar will go under, and be able to take the whole lot for a song ? Interesting angle, that one... IMO, of course.
 
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