spp plan with no details = sp drop, page-14

Hi, yes i agree. FAS is undervalued. They got through the hardest part holding onto their GWR stake during the tuff times. Which was great.
As for production this year, it's definitely possible you would think. As it's been announced, plenty on the surface to rake up and transport to the railway only about 30 clicks away. Thats always the hardest thing is getting it on the railway, so many good finds are long distances away and need huge infrastructure spending/works to be put in place.
It remains to be seen, but would be nice to think they could start this year.
And surely drilling/testing is still rolling on, and at a guess they make an announcement close to the time of the share offer or just after depending on the SP. Which they said will be in the mail after 16th.
Not sure on the value of assets.
Cheers