FAS 0.00% 0.4¢ fairstar resources limited

FAS

  1. 2 Posts.
    I find it interesting that no one has picked up on the fact that the weight recovery on the detrital sis about 15% therefore the supposed 120m/t resource will only produce circa 18-20 m/t of product.
    They will have to mine in excess of a million tonnes of material to fill 1 ship load. Also they will have to dispose of nearly a million tonnes of waste for each shipment which will add significantly to there cost (approx $20 p/t).

    And over the life of mine they will have to rehabilitate a main drainage system with a total of 100 million tonnes of waste!!!
 
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Currently unlisted public company.

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