FAS 0.00% 0.4¢ fairstar resources limited

Ann: Trading Halt , page-2

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    35 Posts.
    The proponent for the MUIOF was suppose to given ministerial approval by today.

    "An independent panel will now evaluate the RFPs. The panel will recommend a preferred proponent to the EPSL Board followed by Ministerial approval by March 2014. EPSL will finalise MUIOF financial and contractual close before the proponent commences developing the new facility."

    I wonder if this has been concluded? It may mean port allocations have been concluded which would help things along with the finance deal?
 
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