FIN 14.3% 0.6¢ fin resources limited

Ann: Pause in Trading, page-19

  1. 436 Posts.
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    my assumption is the 70% earn in agreement has been achieved for Mackenzie springs so as the quarterly suggests the current finiancials for FIN are to be used for corporate costs and completing the drilling program for Mackenzie springs well into 2021.

    the Non executive directors are both successful geo”s where there time would currently be spent on other projects with companies like VMS and BSX.

    so essentially you’re left with bontempo as MD who would be a one man show. I see that as good thing less cash burn until something of significance comes up in the projects but yes you will have limited news flow as a result.

    Assays will be soon of course but as everyone may be aware these are taking there time not due to the companies progress yet through the third party assessing them.



    Last edited by penny1medico: 07/01/21
 
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