FRS 1.89% 5.2¢ forrestania resources limited

One has to realise that this is a very young company that has...

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    One has to realise that this is a very young company that has not been listed very long and has only 51 million shares. It’s in the process of defining targets. They are concentrating on lithium and it is a race to discover and get into early production befire the shortfall evaporates. That is some time off though.
    It is vitally important that the BOD is stable. The CEO Melanie Sutterby was for some time unable to perform her duties and that may still be the case. If so that is not good ..,I think the board needs to be beefed up in order to give the geologists working a better direction. I like the neurology to Earl Grey and bounty and it’s still a big area with good chances of discovery. Earl Grey has shown that it’s possible to have long intersections and high grades. Let’s wait-and-see.
 
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