FAS fairstar resources limited

Mistie you need to think about two things here One - they are...

  1. 1,893 Posts.
    Mistie you need to think about two things here

    One - they are suspended so no 3b's will be done as Gurney can't sell the shares
    Two - the auditors told me face to face they are not changing their opinion or lack of it until a full audit is completed FULL STOP.

    So if FAS is to re-list then they will have to have a full audit done or convince the ASX that subsequent events has made the current status quo with the auditors change - but the ASX will have to take their word for it as the Auditors are not going to budge. Add to this the current auditor has finished his 5 year rotation so any change in views will be done by another auditor with in the company used after a full audit. In my view FAS has some work to do before re-listing can take place.

    In relation to not answering questions about the finance at the AGM no mention of legal restraints was made other than in a passing comment from the chairman as I recall.
 
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