FNT 5.00% 1.9¢ frontier resources limited

Ann: Annual Report 2017, page-8

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  1. 110 Posts.
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    One or two good announcements about what, GDog? I've followed FNT for a while; sold out after the Sinivit rejection. A company needs more than numerous EL's and talk of JV's to actually progress. This is a high risk play and a high reward if (IF!) it plays out well. But talk doesn't equal results and the only talk that really matter is drill assays. Can FNT drill in the medium term, and drill sufficient meters to aim for some results? If so can they demostrate quality results that are good enough to fly in PNG? I'm skeptical, but watching closely. High MD pay rates plus indulgent royalty payments on projects the MD vends into 'his' company are a concern. FNT is currently running a project generation business and that doesn't require a public company with the salary expenses being paid. I will always wish all holders good luck but please manage your risk profile.

    Bornite
 
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