Gee I haven't looked at this for a while but sure glad i got...

Gee I haven't looked at this for a while but sure glad i got out, 58m shares issued at 0.5c on Friday raising only 200k + for ~100k in interest.

how are they going to pay down the working capital deficiency of $7,461,347 as of the last half year report? most of these loans appear to be past due as well.

that's another 1.5 billion shares if the creditors are willing take stock at that level.

If FAS don't get one of the three port access spots at Esperance later this month look out below. I would think mineral resources, cazaly and goldenwest are all better placed to get them.