While being in suspension for so long is far from ideal, FAS perhaps is in a similar position to another Yilgarn explorer Mindax. They both need funding and are out of cash but Mindax is being diluted massively just waiting, waiting for prices to recover and a white knight to come along.
While they are not in administration, there is still some hope of an outcome, however small.
Possible way to get some attention on FAS, page-35
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