Hi Alt. I’m not disagreeing with what you are saying, just trying to put it into perspective. It is irrelevant how much the Forise management are worth. The fact is they are not going to pay anymore than the SP for the shares. One bad assay result and a heap of down slanging and lack of forward progress has led to the SP crashing. We need to get the holes drilled to get the results to attract a major to take on the project. If the SP is too low and SH too few we can’t raise the money we need to do the drilling. Management is making the best of what they can in my view. This is an expensive area to mine so the majors won’t jump in so easily. OKTED was on board years ago but had their own agender and didn’t test any of the areas Peter wanted them to do, hence they missed most of what we have now. Forise have set up a deal which will give them control for the least amount possible. This puts us in the position to go back in and finish the drilling program and see just what we have. It will then be up to the new board to broker a deal with a JV partner and they will no doubt screw them to the wall in our favour. I don’t know what Goldie posts. Blocked him ages ago. Got sick of his lack of support and talking down the stock. Looks like he got what he wanted. In any case, until the deal is done we just don’t know what is in stall. Been trying to find out more but I’m not getting any replies now so it’s all being kept hushed up.
This is my opinions only
Do your own research
GD
FNT Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
