LNR 16.7% 0.4¢ lanthanein resources ltd

andewa project drilling demonstrates excellent, page-52

  1. 1,254 Posts.
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    Both have fantastic projects that could be huge. But they have a long way to go before we know exactly what they have and fully derisked. FNT more risky than VOR atm as VOR has several large intrsections, albeit over a small area.

    If you had 20 companies like FNT and VOR, you would probably lose money on 10, make your money back or 2-3 baggers on 8 or 9, and 1 or 2 would be 10+ baggers. Lets hope both VOR and FNT are the 2.

    I think that FNT Andewa is more comprable to IAU's Tujuh Bukit project. They had some Au-Ag near surface but real resource is the porphry. IAU has passed the $1bn market cap previously. Currently around $800m.

    FNT needs to get some runs on the board with thick intersections. But the risk reward ratio is one that I am comfortably with.
 
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