FAS 0.00% 0.4¢ fairstar resources limited

Ann: Prospectus and 3B for Rights Issue , page-6

  1. 1,250 Posts.
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    Salsa,

    No one said that the $300 million will ever be an asset. What it does do, however, is provide stability and future prosperity for FAS. In a little over 10 years time this company will be debt free and a mid-sized IO PRODUCER! That will be thanks to the $300 million and SHIP. Whether you believe that or not is up to you. Clearly some posters on HC and, to some extent, the market have doubts. Those doubts can only be about the veracity of the official company announcements which have been very positive and indicate that everything is on track. For all the negativity on this forum (especially by non holders) I have yet to see any evidence that convinces me that FAS is not heading in the right direction. I have put my money where my mouth is and I continue to accumulate at these low SPs. The next 12 months will be a company defining period for FAS - one way or another. Good Luck to all holders of FAS, here's to a prosperous New Year!
 
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Currently unlisted public company.

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