Many interesting comment by posters. I'm sure there are a few here who think that The PNG deal was a life saver for FNT/LNR. Something had to give, and there was not much room for a micro cap to commit to millions of $ drilling for more of the same. It would have been the end of FNT.
New frontiers now. I mentioned earlier when the sp was buoyant that it was the time for a credit raise even though they had a reasonable bank balance. They haven't drilled in years because it is so expensive and now they have to commit drills to the ground. I do think something new is going to happen but could be wrong.
Ann: Trading Halt, page-51
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Mkt cap ! $9.775M | |||
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