FAS 0.00% 0.4¢ fairstar resources limited

Thanks to the previous ann and the SP reaction due to the most...

  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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