FAS 0.00% 0.4¢ fairstar resources limited

Ann: ASX Update, page-30

  1. 2,038 Posts.
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    The announcement says full funding。

    I would consider a sale as full funding WIWO say 100m net 5 cents return a share, 500m 25 cent a share OR

    transfere of FAS shares for others on the ASX.

    Consider Roy Hill 10b investment surely running at a loss, how is FAS going to get SHIPs up and running for

    400m? a 20th of the cost yet hasnt been able to get funding while Roy Hill has had a 3b injection of

    investment from China? and 7b of Ginas own money.

    Anyway with KR at the helm who knows......
 
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