"During the Quarter FairStar compiled all relevant data for the...

"During the Quarter FairStar compiled all relevant data for the lodgement of the Research & Development Refund Grant for the 2014 financial year. In May 2015, FairStar’s application was successful and the Company received a refund from the Australian Tax Office."

So if I'm reading the report correctly FAS received a nice cash injection during the quarter from the ATO of $735k which is some sort of exploration rebate.

During the same quarter there seems to be $698k spent on exploration and evaluation therefore leaving the cash on hand as next to nothing.

It would seem we need an absolute miracle to pull out of this situation.