After being a shareholder in QRL I have been watching FNT for some time. Decided to take a punt and got a partial fill order at 1.6c on Friday afternoon. A 1.6 million MC is extremely low usually for companies with no prospects and shells. Something this company is far from.
Huge upside if they can get a farm in agreement with Anglo or high grade rock chips/drill results etc.
Have a price target of 5-10c if they can generate some market interest, a market cap of 5-10 million is very achievable. Would also be a good time to raise several million at a higher price, these small raisings don't go far. Can see Peter values his share holders which is great to see, now is the time to be repay the faithful.
