Well how I feel about the situation is that FNT wants to focus on projects closer to home as (a) makes sense in the current climate and/or (b) because the project at Gascoyne is super exiciting and therefore want to devote more energies to that.
The reason for the 'apparently' low sale amount of the PNG project? Well maybe because they don't need the money? It's not a priority for them at the moment? Or they see the (financial) future prospects of FNT to be positive; i.e. think the gascoyne project.
I don't know. This is all spec, just my two cents.
Ann: PNG Project Sale, page-45
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