Wow the FAS proponents are getting desperate. $$$$ How're you going to pay for the so called 25% mate? What is FAS' cash balance?? A 5 year old kid could see the trend in FAS' share price...
The capital raising at $1.85 is enough to take us through to feasibility study stage so I don't think we'll need to raise any more cash, thanks anyway Wally. Raising it at $1.85 is a hell of a lot better than diluting it with worthless scrip by the way.
You guys need to take some lessons on how to value a 100% interest versus a minority interest. FAS want 100% but have nothing to give in return - no premium for control at all.
It's also pretty easy to manipulate a thinly traded share like GWR on days like these to give the appearance of a falling share price. BUT FAS shareholders wouldn't do that, would they?? lol
Keep trying fellas... good on ya for trying to recoup some of the losses from FAS... don't expect GWR to roll over though. You can wait the 18 months and see if there is a raising at $1.65 LOL
By the way if so much iron runs through your tenement how about you put some effort into proving up and developing it yourself?
LOL
GWR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
