FAS 0.00% 0.4¢ fairstar resources limited

fund, sites and customer, page-2

  1. 2,840 Posts.
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    ""FAS got the money, got mine and got off take customer, and $50mil market cap without debts.

    the only drawback is profit is shared on 50/50 basis, but surely we will see $300m cap in next 12 month time wont we?""

    I think $300m is very realistic Littlecorn, the problem is at the moment is FAS don't have the money, (that we know of) like you say they do, they are still working on the $65m deposit. If/when we get it the SP should be multiples of what it is now.

    I think we may be a little way off yet, if they were really close or were waiting for the ink to dry they should have thrown this into a trading halt on Tuesday at around 7c, now that would have been gold!

    Goodluck.
 
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Currently unlisted public company.

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