I think too a lot of people have focused on the $2 mil. If we get offered shares in whatever Lole lists as, if they hit the bonanza, our (read, fnt's) shares might end up being worth way much more.
I think even if the gold was outstanding this was a great derisk move. Let the locals do the work and let's cash in if they hit the mother lode.
I bought in a few years ago for the gold and was optimistic. They diversified into Australia I felt some relief. Now I feel even more comfortable.
Ann: PNG Project Sale, page-44
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $59 | 19.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 18860035 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 20238582 | 26 |
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| Last trade - 10.04am 17/10/2024 (20 minute delay) ? |
| LNR (ASX) Chart |