FAS
Click for more information
0.00% 0.4¢ fairstar resources limited

Here are the highlights from the Annual Report that came out...

  1. sharedawealth
    1,617 Posts.
    lightbulb Created with Sketch. 16
    clock Created with Sketch.
    30/09/13
    09:59
    Post #: 12387202
    Here are the highlights from the Annual Report that came out today!

    •$7 million in outstanding short terms loans. One with an interest rate of 172% per annum and another at 89%!

    •Another $4 million in trade payments due, most older than 60 days

    •All GWR shares have been taken by creditors

    •KR salary $443k

    •CM salary $411k

    •Loss for the year $15 million

    •Book Value -$7 million

    •Auditors cast significant doubt about the company’s ability to operate as a going concern

    •Alliance funding is stated as conditional.
    FAS Price at posting: 2.0¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 19  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

MND Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
right-arrow Created with Sketch.
LML Lincoln repositions Kookaburra for low-cost graphite delivery
right-arrow Created with Sketch.
CKA Deal with Petrosea opens the door for Cokal's ramp-up plans in Indonesia
right-arrow Created with Sketch.
NEWS Second Christmas for 2024 coming to Kalgoorlie: Diggers & Dealers starts Monday
right-arrow Created with Sketch.
STX Strike reports flow test success at 100% owned Walyering-7
right-arrow Created with Sketch.
TG1 TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
right-arrow Created with Sketch.
watchlist Created with Sketch. Add FAS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.