Macca Walks in... looks at latest FNT comments... shakes head...
Below Ladies and Gents is a graph of My Last $121,000 pay day
The drilling results had been delayed quite a while.
Price dropped from the 20's down to 12c due to nervous holders / delays in drilling results and generally HORRIFIC market conditions.
Frontier is no different.
Think about what Pete has to do just to get assay results out of a REMOTE island in PNG...
They are working under EXTREMELY difficult conditions.
Then compile a detailed report for the market.
Give the man a break.
The only real concern I have is if the first core is lower grade than many holders are execting it could be mis-interpreted by the market and cause a sell off.
I have $121,000 spare sitting on the sidelines just waiting for such an event, because I think its pretty darn obvious 2,3,4 etc are going to be worth the wait.
next 6 trading day timeline for fnt, page-67
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.99M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $2.042K | 446.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 8575500 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 18486611 | 26 |
View Market Depth
| Last trade - 12.02pm 12/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |