How did you calculate 3m? I mean one thord of their current market cap from Opes settlement - get real!
Fas has been a real good for nothing stock, they don't have anything tangible in resource assets except their holding in GWR - given that they are continuously reporting tight cash flow, they might be inclined to give that away as well (GWR holding).
Mate, look for other good stocks out there that will give you some real returns, this one is a dud!
As for Opes settlement, well if you have been reading the current memo from FH, they have a timeyable which by anyones guess tells us of a November (latest) settlement, by that time, FAS has to come up with Cash for it's operational existence, which means - either one of two things, 1) Capital raising at a substantial discount to market or 2) Sell GWR stock...get the drift
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