re: Ann: Presentation - Exploring New Frontie...
I Strongly recommend a thorough read of the latest preso.
The company is in the best hands it could be imo, look what Peter has acheived in the past 2 years....
I have seen so many company's fall by the wayside in the past 2 years due to shocking managment..
Look at company's such as FOY ex MGK, PNG contract drilling issues etc...No money... 1 Billion shares etc.
The way Peter and the FNT team run things in PNG is second to none.
Peter has not only got us over the line with 2 huge majors for $80 Mill worth of exploration but done it with little capital expense.... And we are still only capped at a little over $20 Mill.
There is no other small cap company that compares to FNT that I can find.....
Some of the last paragraph reads :
o The ~$80 million in Earn-In Agreements with Ok Tedi Mining Ltd and Newcrest Mining
Ltd are truly excellent for Frontier, as the 7 tenements covering 5,283 sq km have been ‘derisked’
and WHEN one or more World Class deposits are delineated, Frontier is deferred
carried to completion of BFS with the carry repayable from 50% of future profit. "
DYOR
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