So I was trolling around the web and found the reason for the TH. It was a two pronged question from ASX. first was in regards to the news announcements of Forise and the tower and a please explain. Secondly the apparently posted new projects up on the home page without going through the channels.
"The stock exchange queried speculation over a “change of activities” for the mining explorer, whose website last month listed a number of African mining projects, but those projects have since been removed from the site. “FNT confirms its main business activity remains mineral and resource exploration in Papua New Guinea,” their response to the market said."
Im expecting we are going to see some expansions at some point. As Fenix said to me, they have some other projects they are looking at adding to the portfolio to increase value. Petty no one saw these before they were removed. We may hear about them in the report which we should get soon.
GD
FNT Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held