FNT... a significant option for Major Miners?, page-1005

Thinks are quiet on the western front. Should be an announcement coming out soon about the next round of application wardens hearings for the D’Entrecasteaux Islands. Peter has spent a lot of time there and I'd say would be well known in the area so should go well.
Hopefully will also hear something on JV proceedings although these are tedious and take considerable time.
Rio should be hearing from the minister about their Tolukuma application soon. I'm really hoping they are approved as it will demonstrate that the ministry aren't favoring the previous licencees (Tolukuma gold mines limited (TGM)) who are next in line after forgetting to renew the licences. . This will give us a boost also IMO. The locals were quite adamant on Peter and FNT taking over the EL and I would say they were in favor of Rio for their application also. Not much done for a long time by TGM. Still a while to wait for something great buy SP is holding firm and slowly creeping up. But we all know how it works with FNT. one bad report is a huge kick in the guts and a good report can see a significant jump. Lets hope we get a few good ones for a happy xmas.

cheers

GD