FNT... a significant option for Major Miners?, page-1188

Morning folks. Thanks Walter. Yes ,this crossed my mind also but as just mentioned, why the $6M input. They could have bought out the majority of the shares in the company for a couple of mil on a market buy up. They would have only needed to by 5-10% and they launched a hostile takeover which would have saved them a couple of Mil. I think there is more to this than meets the eye but I guess we all have to wait and see. Forise are property investors and have projects in Aus but at the same time why grab a exploration company in PNG to float with. Doesnt quite add up. As to my previous posts, as mentioned these are just speculations based on current media announcements. Again, do your own research.
What ever happens we know that Peters shares will be escrowed for 6 months following the completion of the transaction. He is also into FNT for over a $M so would be wanting a pretty good return on his investment so I'm sure there is something on the go here to get the SP fired up again. We have seen what a few good assays from Bugalo can do!

good luck all

GD