FAS fairstar resources limited

aren't 3b's the same as a share split, page-3

  1. 431 Posts.
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    Access to $300mil......?

    who really believes that. If you were going to convince an investor to stump up $300mil, you would have to show them all the numbers... mining costs, infrastructure, logistic, and importantly, Profit....wouldn't you?

    Now, from my memory.... I don't recall management disclosing to us shareholders, this sort of information. Pretty relevant information to disclose, right?

    The "$300mil innovative debt fund instrument" was announced back in October 2011 - as FAS management wanted to "fast track" the Steeple Hill Iron Ore Project.....that was 7 months ago...

    Somehow something just isn't sitting right.
 
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