But being totally pessimistic is the flip side of the same coin.
Am I happy about the mass dilution, no. What I am hoping is there is a definite plan for the $6m to quickly build wealth and SP value for us. That is what I am waiting for. Why they didn't asked for an initial $2m to minimise dilution for example with an agreement to popup as the SP increases I don't know. But there is a plan there that needs to be explained.
The management is far from the worst in the market simply because they are always looking to go forward. Some of their decisions I don't agree with but I am a minor holder so I have little say unfortunately.
What I have previously posted is that there is news coming for exploration, possible JV, possible mine (Not sure on that decision) so there is news that can improve our SP.
FNT Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held