FAS fairstar resources limited
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I don’t think this will be relisting this year as rent for the...

  1. mistie
    1,751 Posts.
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    05/01/15
    15:31
    Post #: 14538028
    I don’t think this will be relisting this year as rent for the main mining lease is now 52 days overdue and counting, initial DMP forfeiture action is now due (source: DMP website, extract below) .

    With the current forfeiture actions, non-payment of rent and escalating debt including penalties/interest (source: DMP website and 2014 Annual Report), I suspect the game is over IMO.

    upload_2015-1-5_12-30-9.png


    Keeping shareholders informed and balancing the view. DYOR, please.
    FAS Price at posting: 0.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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