FNT 5.00% 1.9¢ frontier resources limited

FNT... a significant option for Major Miners?, page-1131

  1. 1,866 Posts.
    lightbulb Created with Sketch. 92
    Agree DH. The way it looks at the moment is there will be some initial exploration at Muller and then we will move into Bulago probably around the same time as the buy in so we will have the funds to finish the deep holes and check out the other skarns we havent tested yet. We also have $120k in prepaid chopper time which is our biggest cost. We will have the results of all the ELA's by then (tolukuma and Lake Lavu) which will give us further exploration. The results from Muller will hopefully satisfy the JV majors and open that door. We sould also have a new neighbor at Bulago by then with Anglo who will be most interested in the results we get (and hopefully offer another JV). There is the anomaly at Tolukuma which will need to be drilled and maybe something put together with Rio Tinto in the way of another JV if we get good results.
    Add to that Sinivit. We are still inline and with $6M on its way we will be have the funds to satisfy the ministry so hopefully they will take another look at us there. Looks to me like a packed year once everything is up and running. IMO

    CHeers

    Garth
 
watchlist Created with Sketch. Add FNT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.