update, page-29

Personally I dont mind when Meerkat plays devils advocate it stirs some good debate and often results in some excellent posts like that by UFX.

Im a holder of FNT as I see a bright future but at the end of the day as Meerkat says the drill bit will have the ultimate say on how bright that future is. Dont get me wrong there is no problem with discussing the many positives of the companies that we choose to invest in, after all it is the positives that lead us to invest in the first place. In saying that though some critical analysis does allow for us to better understand the nature of a company and its projects and either reaffirm our confidence in in our investment decisions or not. In the case of FNT my confidence has grown.

Im looking forward to the assay results and then the commencement of the deep drilling and results from OK Tedi on our joint ventures, in particular Bulago.

Plenty of catalyst for a company re rating in the near future. Good luck all.

Cheers

Retrac