FAS 0.00% 0.4¢ fairstar resources limited

question

  1. 1,893 Posts.


    Hi all - have been in and out of FAS a couple of times -

    Here’s my question

    If we have a lender prepared to stump up $360 million then I would be interested in any views on the following

    First how long would someone leave $360 million idle - there must be a time limit - and secondly if you were relying on someone else to stump up the remaining 20% you would want to be pretty sure about the strength of that party as your $360 million is intrinsically tied to it

    These questions are why I am currently out - not trying to be negative but I think these are quite reasonable questions in the circumstances - has anyone raised this with the company

    Clyde
 
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Currently unlisted public company.

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