FNT 5.00% 1.9¢ frontier resources limited

FNT... a significant option for Major Miners?, page-1311

  1. 5,698 Posts.
    lightbulb Created with Sketch. 82
    I'm sure they have grand plans and this will run when they are good and ready.

    The most likely scenario is that they will buy some of their own assets, be it a lease or something else.

    The 6m they have put into the company will pay for the assets, which they will still basically own as they have 80% of FNT holdings, with PM owning a good chunk of the rest.

    They will then pump the SP and off load. Most probably after PMs shares come out of escrow.

    Hence I say let the SP drop. Because at some point im sure it will get pumped hard.
 
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Currently unlisted public company.

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