The ideal that the SP can raise quickly is simply based on the fact our MC $1.67m is so low and just becoming values between $10-20m would significantly raise our SP.
Its looks bad with the recent sales, but its tiny volumes of people selling down. Buyers can return very quickly on positive news. Now the company needs to generate that positive news to get us moving.
Whether successful exploration, JV announcements it will move up quickly.
I expect there will be some announcements before Christmas.
FNT Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held