FNT 5.00% 1.9¢ frontier resources limited

FNT... a significant option for Major Miners?, page-736

  1. 587 Posts.
    lightbulb Created with Sketch. 17
    Column 1 Column 2
    0
    Column 1
    0
    Last Chan-Ceby ramunickel
    The Political Career Of One Of The Youngest Members Of Parliament And Mining Minister Byron James Chan Is About To End TodayGorethy Kenneth | Post Courier | July 13, 2017The political career of one of the youngest members of parliament and mining minister Byron James Chan is about to end today.National Alliance Party president Walter Schnaubelt is four ballot boxes away from being declared winner of the Namatani seat in New Ireland province. Schnaubelt has polled 15,843 votes after 19 of the 24 boxes had been counted, and needs more than 2000 votes for the 50+1 allowable votes in order to be declared.Byron Chan’s father and New Ireland Governor, Sir Julius Chan, is also struggling in second place in the regional seat, and People’s Progress Party leader Ben Micah is in the same boat in the Kavieng open.Counting is slow in New Ireland so Schnaubelt’s inevitable victory may not be declared until later today to end the brief political career of the mining minister.Elsewhere, Prime Minister Peter O’Neill is a sitting Members who will be re-elected and an announcement is likely sometime today in his Ialibu- Pangia electorate.O’Neill has polled 25,377 votes so far and will need a total of 33,400+1 allowable votes to be declared re-elected on the first count.That’s excluding the informal votes/ballot papers. Counting was proceeding last night on 58 boxes out of 114 so Mr O’Neill needs about 8000 votes to be declared.By week’s end there should be two more declarations – in the Highlands region and New Guinea Islands – as counting for 102 of the 111 seats start while nine seats are still counting. The last 18 polling stations are due to close today after throughout Papua New Guinea as the National Election winds down.Two seats have been declared, retained by the ruling People’s National Congress Party members James Marape in Tari-Pori, Hela Province, and Justin Tkatchenko for Moresby South yesterday.People’s National Congress Party has candidates in the top three throughout the country in progressive tallies. National Alliance Party and Pangu Party are also doing well, especially in the Momase region while independents have made an impact.THE Party has started on a slow mode as counting continues in 17 provinces. ramunickel | July 13, 2017 at 9:24 am | Tags: Byron Chan, Julius Chan, New Ireland | Categories: Papua New Guinea | URL: http://wp.me/pMvf7-5sQ Interesting both Sir J and Byron (his son) look doubtful, the mining minister fairly likely to go. Interesting too that Wally Schnaubelt (pronounced literally 'Snoball" who looks likely to take Byron Chan's seat is related to the Chans, if I recall rightly. PM back of course. From an FNT perspective will be important who becomes the new Minister to replace Byron Chan.......Byron's family and business networks are in New Ireland, but heavily associated with East New Britain. Of course his father - Sir J - a former PM, had lost his seat before but won it back later....now age may prevent any resurgence. Byron (as the article mentions) still young. Have a nice day. [/table]
 
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.