we were desperate..., page-4

How you missed the part about being reimbursed for all the work done at Andewa this year I dont know but I recommend you have another look through the announcement. I was initially disappointed by the JV we signed into but after seeing these additions and listening to other posters here I have to agree that this is probably the best we could have achieved in the current climate and with the previous results we have seen. The cash burn is quite serve right now but this JV will remedy that situation and I for one hope that Pete will continue to fund the site in Tassie.

As darkhorse pointed out we need an income stream from an operating mine and right now I believe that Tassie is the best oppurtunity for that. ood grades pracitally on the surface and a modest tonneage that a small company like FNT should be able to handle. Leave the mega projects like Andewa to a company with the resources to handle it and concentrate on realistic projects to build company value. At the end of the day we still have a bunch of new exploration targets and may be in a position to fully utilise them once our current projects pay dividends.