Morning folks. I received a reply from Fenix last night...

Morning folks. I received a reply from Fenix last night confirming a board meeting in two weeks. They are currently evaluating the existing tenements as well as seeking alternative opportunities to improve the state of the company. They have also have their own network and resources which can add value to the company and these will be discussed at the meeting also. Fenix also informed me they will be getting independent expert evaluation of each project to determine the value to the company. Finally I enquired about the Tower project. This will not be incorporated into the FNT portfolio. Fenix informed me that the ASX had the same concern when they came on board which they had to address. Their strategy will be released in two weeks when the board meeting is complete. I think this will be interesting and they are fully committed to rebuilding the bottom line of the company.

exciting times ahead for all.

GD