LNR 0.00% 0.5¢ lanthanein resources ltd

andewa project update, page-23

  1. 2,674 Posts.
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    agreed germainist,

    Previous FNT announcements have stated that there has been external interest in Andewa. Now that interest has been sparked when the project has more inherent risk (exploration risk), just imagine what interest we will have when the project has been de-risk by the confirmation of gold. Hostile takeover IMO will be extremely hard to avoid, the robustness of the financials on the project will be too significant to ignore. I heard BHP are looking to re-enter PNG but PNG were a bit hesitant due to their previous stuff up. What the key is here is that BHP WANT TO ENTER PNG AGAIN. BHP know where they have to look to find the worlds next biggest discoveries for long mine life operations. Luckily for us, one of those places is right at our doorstep.
 
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