FAS 0.00% 0.4¢ fairstar resources limited

Ok, so from the posts above, it looks as if support is waning,...

  1. 51 Posts.
    Ok, so from the posts above, it looks as if support is waning, and this is the inherent problem.

    Replacing Kevin would be near impossible even with an EGM, I think that the EGM is dead in the water. If people like Mr Brady don't believe in it, and believe that finance will be given from I-world and he somehow has information into a complex deal that would be market sensitive, or he has trust in Kevin, then I hold no hope of a successful EGM even getting up.

    The Iron Ore price has made it un-viable for massive commercial operators such as RIO & BHP therefore they needed to cut jobs to cut production costs, and these companies have big economies of scale   (Source: https://au.news.yahoo.com/thewest/wa/a/26523253/rio-cuts-first-100-of-800-jobs/  & http://www.abc.net.au/news/2014-06-24/bhp-confirms-job-losses/5545820) FAS is still so far away from a mining operation, it hasn't traded for over 8 months, it has forfeitures against it, and the ASX is breathing down its neck.

    All I wanted for holders through this EGM is the truth, but it looks like the truth is too hard for FAS. I do thankyou all for your contributions to this discussion on the issue of the EGM.
 
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