In summary,
we probably have near 3 mill in the bank
80 million in exploration expenditure over 4/5 years free of charge
all JV's are with major miners who are cashed up
blue sky potential at sudest with visible gold already shown, 100% FNT lease.
some damn good trench assays over multiple EL's, some that i have persnoally not seen higher (in terms of grade and length combined).
Income streams to be made from outsourcing drilling
Income steams to be made from sale of PPE to Torque
Free interests in Torque that the average punter who holds 100,000 FNT shares would value at $2,000.
Re ramping of activities now that cash has been received
A shite load of oustanding results still due from our world class leases.
All at 8.1c or 22 mill market cap!
Get in while they are cheap.
Great work Peter.
Kooka, on second thoughts, i think Peter would probably want to do trenching at the magnetic anomolay first, prior to drilling. Im no Geo but would have thought that this may be the case. Regardless, would love to know where we are drilling, why we are drilling there and what input NCM have had in terms of direction of drilling so far and their comments.
exciting times.
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