Unfortunately a realistic assessment imo, UFX, despite it being unpalatable to shareholders who bought in for Tolukuma (as I did).
Certainly little can be certain in PNG politics. And we know that there are activists amongst the PNG leaders, as well as amongst Goilala villagers and landowners, who want and deserve a larger portion of the pie. ....
My hope is that Howard Lole has sound and synergistic contacts with a large gold mining company that has an established record of sharing profits equitably,as well as sound environmental practices ....
Having said that, I’m very happy to be holding FNT, and very happy with the BOD’s diversification into an REE project “sans sovereign risk”. Well done management.
Unfortunately a realistic assessment imo, UFX, despite it being...
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