Hey AllA quick chat with Peter today.There will be an update...

Hey All

A quick chat with Peter today.
There will be an update from tassie out very soon. No Assays but a progress report on the activities including drilling.

Bulargo: As I previously reported Peter has been frustrated
with the lack of news from onsite. To rectify the problem
Ok Tedi is currently installing direct radio communication to the bulargo worksite so he can get updates. So hopefully we'll get an update very soon.

Drilling at Andewa: As been mentioned by other posters drilling on the 4th hole is well underway. The plan is the drill out is 45 degrees from the pad is four directions. Basically creating an underground pyramid shape. Apparently such drilling would frame approximately 500m tonnes of potential ore....thats a huge quantity even at a low g/t and that is one area of Andewa.

A small point Peter mentioned a few shareholders are ringing him up demanding why he hasn't done ZX & y, without any knowledge of the company or geology. If there are any of those on the fourm, be respectful. If you ring up etc, have your questions written down, Peter will answer them gratefully with ASX rules. And will often provide you with insight that you weren't expecting. Going it with an adversarial attitude may sour this very good management shareholders relationship.


Lastly:
Andewa Drilling results: Peter once again mentioned as he has done in his reports. That the cores geology are exactly the SAME (hint hint) as what was previously drilled at Andewa yielding up to 10g/t. As his report says, the assays will provide true clarification. The geology is the SAME and he's very confident but waiting on official lab results to find out what the grades are.

So hopefully we'll start to get news from Bulargo which would also be a company maker inits own right. given the grades and length of trenches they were recorded over. Remember FNT is not a one trick pony.

DYOR and read the reports!!