FNT... a significant option for Major Miners?, page-1074

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14/11/17

21:10

Post #: 28790333
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Originally posted by GDoggy ↑

Still here. Been a bit busy. FNT building strength. Breakout imminent. Just waiting on the results of the last round of ELA's which should be due. Hopefully did ok. Also waiting on the MAC recommendations for our Tolukuma and Anglos Hela province (bugalo). Munga rivers application for Sinivit currently deferred. Hoping they have hit a snag as we are next in line and the locals want Peter to be in. Been some interesting announcements in PNG lately. Tolukuma locals want Tolukuma mining out of the mine and someone else with more experience to take over. Could open the door to someone we are better acquainted with. Did someone say Newcreast were looking for new ventures. I wonder if they would give it a go. That would be a great position to be in. One JV with Anglo over bugalo (if they want in), one with another major over Muller and sandwiched between two majors at Tolukuma (rio and ncm). Just speculating, but would be a great position to be in.
Unfortunately we are in the hands of the PNG ministry at the moment and they are slow moving. At least this with give the two Peters time to work on the JV's. hopefully we will et an update on these shortly also.

cheers

GD

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Hi Folks,

GD...nice post GD. Speculation yes however you have laid out the current scope of FNT's strategic position an it sounds impressive!

Cheers

FNT Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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FNT... a significant option for Major Miners?, page-1074

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