Possible catalyst for a major rerate would be a processing deal with the Tolukuma Mine, which FNT look to be hinting at with the geotech study for access tracks between mines.
FNT should look at pumping ore to Tolukuma Mine via a slurry line, heaps easier in wet season.
Currently 300 million in gold resource, plus exploration upside, at a market cap of 11 million.
71c4
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