Ann: Becoming a substantial holder from FNT , page-2

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  1. 275 Posts.
    re: Ann: QRL: Becoming a substantial holder f... So not only are we going halvesies on some more rugged PNG terrain. But we are buying a 11% stack in QRL. Surely that sort of decision wasn’t made lightly and should have come up in the AGM. Forgive me, but regardless of who is running the other company I don’t think we have the kind of cash balance to be buying stakes in other companies. We have plenty of our own tenements in PNG that we could have used that $600k on.
 
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