hi roger. as ever, with FUT, until they finally acquire the resource that they have been so carefully and diligently pursuing, you generally have to read between the lines. according to comsec, Jonathan Rosham the MD of Cygnet is still the largest shareholder of FUT, with 85 million shares. Also, according to the last quarterly, $95,000 in consulting fees was paid out. It is reasonable to conclude that they were paid to Cygnet.
The increased buying of late seems to be a positive indication, particularly that of directors, though i wouldn't gamble on it, as the same time last year saw much rumour mongering (which we all got swept away with), but little progress.
I would suggest that a phonecall to Cygnet would clear the matter up for you, and is worth the effort.
FUT Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held