Denver,
No I have not contacted the Company because the lack of reporting is only one of the concerns I have. If my suspicions are correct then the Company is complicit in a lot of them and I would not expect a comprehensive answer.
If I turn out to be incorrect then I would feel uncomfortable afterwards for raising them. I am content to sit back and hope for the best as only time will tell.
I am looking forward to the end of the monsoon season in PNG (mid april I believe), so that work there can get under way again. Not only for FNT but for another of my stocks.
PS. I still think the SP has been manipulated downward in a systermatic fashion. I watch the close every afternoon and
for a long time now a seller comes in after the normal close and takes out the buyers, sometimes with only seconds to go in the auction). I know this happens with other stocks also but of all the speccy stocks on my watchlist it happens to FNT the most.
Also I am unhappy about our high value JV partners who with their budgets it would only be petty cash for them to protect the SP at a reasnable level for their own holdings in FNT.
Another gripe is the transfer of FNT funds to QRL at a time when we are looking to develop Sudest. All of this without FNT shareholder approval.
I won't even start about the Torque situation.
I could go on and on but I think you get the picture.
Good luck to FNT holders I think we are going to need it.
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